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Consumer Credit Is Expanding Even While the Fed Pushes up Interest Rates
As the economy slowly deteriorates, consumer debt rises. In the meantime, the Fed is pushing up interest rates to deal with the inflation it caused. This does not end well.
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By Mises Institute
4.7
9393 ratings
As the economy slowly deteriorates, consumer debt rises. In the meantime, the Fed is pushing up interest rates to deal with the inflation it caused. This does not end well.
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