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Drew
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2024-10-15 04:45:31

Drew on Nostr: "It is the Federal Reserve rather than the coffee in Brazil, the freeze in Florida or ...

"It is the Federal Reserve rather than the coffee in Brazil, the freeze in Florida or even the Arab oil cartel which is the principal factor in the US inflation story. Like so many other problems, inflation is largely made in Washington, not on Main Street or even Wall Street."

- David Meiselman, 'Inflation, Who Did It?,' National Public Syndicate, New York, August 12, 1977
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