cure

Billionaire investor Bill Ackman has the cure for high inflation: a massive wave of Russian immigration

Billionaire investor Bill Ackman has the cure for high inflation: a massive wave of Russian immigration

The Federal Reserve aggressively raised interest rates in hopes of cooling the economy and bringing inflation under control, which remained near a 40-year high in August at 8.3%. Their aim is to reduce demand and slow wage growth so that high consumer prices do not become “entrenched”. But senior officials noted this week that it …

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