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by throw0101c 1348 days ago
> They should have been raising interest rates well before the pandemic.

They did?

* https://fred.stlouisfed.org/series/FEDFUNDS

Do people not remember that there were already predictions of an upcoming recession by H2 2019?

* https://www.motherjones.com/kevin-drum/2019/08/the-great-yie...

* https://www.forbes.com/sites/chuckjones/2020/12/31/2019s-yie...

An October 2019 interview with Campbell Harvey, who originally noticed the rate inversion phenomena in a paper he published:

* https://www.youtube.com/watch?v=9sb1byR8Zx0