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cricket_observer t1_iuggz8t wrote

US will perpetually be stuck 6%+ , maybe even 8%. There’s no way back, we live in an economy which is extremely scarce in production. Even 60% demand destruction won’t do much.

Only way to even contain it below 6% is perhaps depressing the economy severely, i.e. 20% unemployment which is impossible.

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_ThatsMyQuant t1_iugktip wrote

Drill for oil and inflation drops to 4% rather quickly

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