"The Federal Reserve is not currently forecasting a recession." - January 10, 2008
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In this brilliant book, Jeff Booth explains his vision of the near future with the influence of technology on it.
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The Federal Reserve does not want to start a recession because part of its dual mandate is to keep the economy healthy. But, the Fed's dual mandate also includes keeping inflation low. A cure for rising inflation is higher interest rates, which slows the economy.
For example, in 1981, ...
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