And oil is at 90$ and rising... what is the Fed suppose to do at this point | Hacker News

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		Overpower0416 33 days ago \| parent \| context \| favorite \| on: US economy unexpectedly sheds 92k jobs in February And oil is at 90$ and rising... what is the Fed suppose to do at this point

gzread 32 days ago | [–]

Raise interest rates so that economic activity concentrates in what provides real value.

34679 33 days ago | [–]

The same thing it was designed to do and has always done: create unimaginable sums of money out of thin air that it loans to the government, with interest.

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