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Open original source ↗@CliffordAsness https://t.co/3WLhNOB2ji
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The hyperbolic outpouring of support for @profplum99 piece is the surest sign 🪧 that the zeitgeist of populism is back w/ a vengeance. Heading into ‘26 midterms, fiscal spending & inflation is coming… To those confused by the Fed’s recent actions, in the face of accelerating unemployment… The Fed knows it.
jam_croissant ↗