Tag: Federal Reserve
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THE WHACK-A-MOLE SYSTEM THE FEDERAL RESERVE USES TO CONTROL INFLATION
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by
The Federal Reserve’s policies of raising interest rates to slow down the economy increases the cost of goods and services including food, clothing, shelter, and jobs. Middle-class Americans and the poor are already desperately struggling to survive in our economic system. Higher interest rates have added to escalating rates of child poverty, hunger, the destruction…