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Markets Rally As The Liquidity Cycle Trends Up | Weekly Round Up

Inflection Point

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The Fed Is Not Responsible for Inflation, Is It?

"I don't think the Fed has anything to do with what we call inflation," he says. "It's oil prices and used car prices that were, you know, triggered by the basic effects of shutting an economy down and turning it back on" The idea that a lot of employment rate is so low isn't because you're fudging the numbers, Obama adds.

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