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Read more about Raising Interest Rates is a bad way to stop inflation
Raising Interest Rates is a bad way to stop inflation

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For years, Congress has abdicated oversight of inflation, leaving it to the Federal Reserve to address it, usually by increasing interest rates, while the party not in power blames the president. With inflation at its highest level in decades, the Fed is using its favorite tool - raising interest rates. It's 2022, there are better, less painful ways to address inflation.
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