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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (1328338)11/10/2021 4:52:55 PM
From: Tenchusatsu1 Recommendation

Recommended By
Broken_Clock

  Read Replies (1) | Respond to of 1579681
 
"Inflation is always and everywhere a monetary phenomenon ..." - Milton Friedman

I'll take the economic opinion of a real economist over the economic opinion of a fake doctor ...

Tenchusatsu



To: Broken_Clock who wrote (1328338)11/10/2021 10:53:32 PM
From: puborectalis  Read Replies (2) | Respond to of 1579681
 
Full employment implies that the available factor inputs including labour and capital resources are being fully utilised. ... And increasing demand for factor resources drives their prices up too - leading to cost-push inflation.



To: Broken_Clock who wrote (1328338)11/11/2021 7:00:05 AM
From: puborectalis  Read Replies (1) | Respond to of 1579681
 
Treasury Secretary Janet Yellen repeated her view that elevated U.S. inflation won’t persist beyond next year and said the Federal Reserve will act if needed to prevent a rerun of 1970s-style price rises.