You just can't print all the money and not feel the reprecussions later.
Tightening is intended to create lower employment so that wage hikes decrease.
We are not at 1970 level misery yet... but it's a slippery slope and we are picking up speed.
Link: https://finance.yahoo.com/news/dr-doom-nouriel-roubini-says-134013503.html
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