Jack Mallers on why the Fed's rate hikes might be making the problem worse, not better.
"When the Fed raises rates, the treadmill speeds up because every dollar the government borrows costs more. And the legs slow down because higher rates slow the whole economy. The rate hike gives the government exactly what it can't afford."
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npub1sk…6jraw
2026-10-13 17:34:12 UTC
Author Public Key
npub1sk7mtp67zy7uex2f3dr5vdjynzpwu9dpc7q4f2c8cpjmguee6eeq56jrawPublished at
2026-10-13 17:34:12 UTCEvent JSON
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