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Fed hikes rates as inflation worries push up bond yields

184 points · 250 comments · wslh

  1. dabinat · · focus · HN ↗
    Prediction: this causes a recession in two years, right after a Democrat wins the White House, who will be blamed for it. The economy will turn around after a few years, just in time for a Republican to win and claim they fixed it.

    This is how Republicans have a reputation for being economically savvy despite actual evidence to the contrary, because the general population doesn’t understand that economics runs on a time delay.

    1. vasco · · focus · HN ↗
      Easy fix, have the democrats lose the next election and you break the spell. It's all military industrial complex anyway.
      1. beej71 · · focus · HN ↗
        I wish they'd lost in 2020, that's for sure.
        1. eej71 · · focus · HN ↗
          Hello similarly named account.

          I basically agree. I don't care for DJT, but I can see how getting his "second term" underway after his first one could have been better. His four years away allowed him to stew and plan and respond.

          1. bdangubic · · focus · HN ↗
            you stopped mid-sentence mate - “… to stew and plan on how to pillage as much as possible from Americans before he rides off into the sunset”
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