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[quote=Anonymous][quote=Anonymous][quote=Anonymous]https://bsky.app/profile/josephpolitano.bsky.social/post/3lvh3bkovhc2g US manufacturing construction continues easing down as projects from the CHIPS Act & Inflation Reduction Act finish up—spending on new factories is now at the lowest level since late 2023 [/quote] Yes, if the federal reserve isn't creating money out of thin air and devaluing the currency to throw at government pet projects, apparently numbers go south. And everyone wonders why we have rampant inflation. It's like a Soviet planned economy.[/quote] Inflation is at 2.7%. What’s rampant about that? The Fed target is 2.0%. [/quote]
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