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Blind Leading the Blind
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Blind Leading the Blind

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The Credit Strategist
Jul 08, 2022
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Blind Leading the Blind
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Jay Powell recently admitted that that Fed just learned how much it didn’t know about inflation, a stunning admission by the head of the most powerful central bank in the world.  I hate to break it to Mr. Powell, but it wasn’t that difficult to know what to expect from trillions of dollars of monetary and fiscal stimulus that began long before the pande…

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