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The Dig: Inflation Politics with Tim Barker

Jacobin Radio

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What Do You Think About Inflation?

There is a widespread interpretation at present that the Fed has made this huge break with tradition to become a dovish on or tolerant of inflation. In fact, monetary policymakers only hold to this position because they feel that it's cost free for them to do so. They think wage increases are okay as long as they're kept within those parameters.

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