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by downrightmike 1772 days ago
Oh, the Fed is totally looking at Japan, that is why they started "yield curve control" a little over a year ago, because inflation was clearly going to be a problem for us. Japan is the best and nearest real world model that allowed the country to survive their bad policies, which the USA has way more issues to work through. Undoing all the financial regulations and laws from the Great Depression was super fucking stupid. There would never be anything too big to fail had those remained intact.