Over the last 90 years, a recession was the only bullet-proof way to bring inflation down as much as the Fed needs today.
Senator Kennedy is right, as this analysis shows. Over the last 90 years, a recession was the only bullet-proof way to bring inflation down as much as the Fed needs today. pic.twitter.com/N6sD6qQarG — Alf (@MacroAlf) March 7, 2023 🇺🇸US yield …