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Inflation: Real Issue Is Money Supply

Schwab Network

English - March 10, 2023 19:39 - 8 minutes - 76.7 MB - ★★★★★ - 23 ratings
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"JOLTS are headed in the right direction versus last month's report. Paying attention to wages could suggest the Federal Reserve's tightening. Employers are giving employees raises that already exist in the system. Private employers cannot print money to create supply, which is the real issue with inflation. Wages are the symptom of inflation and not the cause," says Jake Hanley.