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2024-09-11 16:34:08

Dan Held on Nostr: The #Fed's rate cuts won't prevent a #recession. In fact, the U.S. economy has likely ...

The #Fed's rate cuts won't prevent a #recession. In fact, the U.S. economy has likely been in a recession for some time, though it hasn't been officially confirmed yet. While short-term rates may fall, long-term rates and #inflation will rise, along with #unemployment. Game over.
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