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Money and Finances
Reply to "Armchair economists, can you cut rate with rising prices?"
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[quote=Anonymous]The Fed may have to actually raise rates to combat inflation. Economists have said over and over just wait in the months to come we will eventually see price increase. The problem is that some of his supporters believe in magic. Even if factories are relocated here, any hiring surge will be temporary because they will be smart and automated factories. In China, the number of people employed in manufacturing has been steadily declining due to automation.[/quote]
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