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Yes, that’s what the high fed rate means - they are taking it back, but because it was combination of the what Federal Reserve printed and the USGov “printed”, there is disbalance, and the rates end up too high, thus inflation.
Yes, that’s what the high fed rate means - they are taking it back, but because it was combination of the what Federal Reserve printed and the USGov “printed”, there is disbalance, and the rates end up too high, thus inflation.