… The action comes as the U.S. faces its highest inflation rate in 40 years (8.6%). The EU is experiencing inflation of 8.1% but has not yet raised its policy rate. From: Volcker, Powell and the Price of Amnesia About Monetary Policy – The Fed should have heeded the lessons of 1980s inflation. https://lnkd.in/gJYmTyke. I just find it disturbing...

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