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paulryanrogerstoday at 3:00 PM1 replyview on HN

Inflation of certain luxuries may be under control. That's cold comfort to households with two jobs per adult just to make rent+healthcare+food.

> in the meantime stock market is going to do another major boom cycle

Citation needed


Replies

zuzululutoday at 3:03 PM

no doubt there's been a rise in costs for the average joe but that's not what the fed targets

no citation needed, its common knowledge that rates drive stock market by acting as a gate to control money flowing between money market and stock market but to explain that is really not my responsibility, a very worrying sign that many Americans are seemingly not aware how much of sway the Federal Reserve play on the global economy.