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Even middle-class families have a precarious feeling and live on the edge of poverty. One wrong move, one illness or loss of income, and we could be in a world of trouble. For many, this deep feeling of economic insecurity manifests as anxiety, conflict, abuse and desperation. The expanded child tax credit, paid out monthly […]
When you watch a magician wave his right hand in a flourish, keep an eye on his left, because that’s usually where the real action is. This lesson is certainly true of Facebook’s own recent “magical” flourishes. First, Facebook unveiled a new name — Meta Platforms FB, -1.12% — as part of its project to […]
There’s been quite a lot of dialogue, because the Fb Recordsdata were leaked, about learn how to restore the social media platform. A variety of this discuss facilities on how algorithms manipulate the feeds, and the way us customers are profiled and fed precisely the content material that arouses us to matches of hatred, conspiracy […]
Branded Content material Sponsored by JPMorgan Chase It was once that youngsters discovered about cash when buying out with dad and mom, however as extra transactions occur digitally, it’s simple for fogeys to overlook about partaking with their youngsters when making an internet buy. The excellent news is that oldsters can now use a cell […]
Do traders in Meta Platforms inventory know one thing that the remainder of Wall Avenue doesn’t? For the reason that firm modified its identify from Fb FB, +1.28% in late October, the inventory is up 8%. But there’s been no corresponding improve within the consensus estimate of the corporate’s future earnings. Quite the opposite, the […]
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The Fed Is Ignoring the Money Supply and Letting Inflation Rip
ABC Audio All Rights Reserved
January 21, 2022
Text size Farmers descended on Washington to protest high interest rates in 1979. Charles Harrity/AP/Shutterstock About the author: Robert Heller is a former member of the Federal Reserve Board of Governors. As Milton Freedman said in 1970, “Inflation is always and everywhere a monetary phenomenon.” Little has changed since then. For most of the 1970s, […]