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The Fed Dilemma: Fight Inflation with further rate hikes ….but | Phil Godlewski 3.0

The Fed Dilemma: Fight Inflation with further rate hikes
….but that destroys bank balance sheets more , depositors flee for higher returns elsewhere….banking system shuts down…or stop rate hikes and let inflation burn…..regressive tax on workers …

https://www.reuters.com/business/finance/did-svb-break-fed-officials-mull-risks-more-rate-increases-2023-03-20/