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Open original source ↗Absent purchasing power, to WHOM do companies charge higher prices?
(See any consumer-facing’s earnings comments…then reference their accompanying layoff announcements.)
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These are the quoted author’s words.
Would be curious to hear @DiMartinoBooth's take on this. At what point does the Fed have to respond to the second-round inflation effects of the energy shock, even if the initial cause is completely outside its control?
pioneerfinllc ↗