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How will “8.6%” inflation affect Brown?
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<blockquote data-quote="Sissy Brown Short Shorts" data-source="post: 5327453" data-attributes="member: 67435"><p>At this point you can shock the market and jack interest rates up to lower inflation and cause recession or you can have a decade of inflation/stagflation. It’s gonna be all politics. What sounds better for a presidential election? Recession headlines or slowly losing money for a decade. They’re gonna tip toe with interest rate hikes until after the mid terms. Took Reagan jacking rates into the 20s% to get the country out of Carter stagflation.</p></blockquote><p></p>
[QUOTE="Sissy Brown Short Shorts, post: 5327453, member: 67435"] At this point you can shock the market and jack interest rates up to lower inflation and cause recession or you can have a decade of inflation/stagflation. It’s gonna be all politics. What sounds better for a presidential election? Recession headlines or slowly losing money for a decade. They’re gonna tip toe with interest rate hikes until after the mid terms. Took Reagan jacking rates into the 20s% to get the country out of Carter stagflation. [/QUOTE]
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How will “8.6%” inflation affect Brown?
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