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<blockquote data-quote="bacha29" data-source="post: 5246935" data-attributes="member: 58386"><p>Inflation occurs when the demand for goods and services exceeds available supply. There are two ways to respond. Increase production of goods which the WH favors or a more immediate and far more painfully impactful approach and that is a steep increase in interest rates which is what Trump nominated Fed Chairman Powell favors. So which one do you want. At the same time the GDP slowdown could result in a slower paced and less dramatic increase in rates.</p></blockquote><p></p>
[QUOTE="bacha29, post: 5246935, member: 58386"] Inflation occurs when the demand for goods and services exceeds available supply. There are two ways to respond. Increase production of goods which the WH favors or a more immediate and far more painfully impactful approach and that is a steep increase in interest rates which is what Trump nominated Fed Chairman Powell favors. So which one do you want. At the same time the GDP slowdown could result in a slower paced and less dramatic increase in rates. [/QUOTE]
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