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Economy - Economics USA

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Paul Craig Roberts

The Federal Reserve has a long record of mistaken decisions. Unless the Federal Reserve's intent is to collapse the economy, the current policy of higher interest rates will go down as the most mistaken reading of the economy since the Great Depre

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Inflation continues to surprise to the upside. Meanwhile, the economy continues to surprise to the downside. But the markets continue to believe that the Federal Reserve can slay the inflation monster while still guiding the economy to a so-called

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