Robert Reich

Robert Reich

Why aren't Democrats talking about the real cause of inflation?

It would be a political winner for them — and has the virtue of being true

Robert Reich
Oct 18, 2022
∙ Paid

Despite the Federal Reserve’s most aggressive campaign in generations to slow the economy and bring price increases under control, prices continued to climb at a brutally rapid pace in September — with a key inflation index increasing at the fastest rate in 40 years.

Even though the Fed has quickly raised interest rates from near zero to a range of 3 to …

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