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RBI is worried about thwarting a nascent recovery should it normalize policy too soon, but too much money chasing too little stuff available could also set off a spiral that retards growth
And then to say all this money chasing limited to raise prices for and there are consequences with this reckless spending and we intend to do our very best to stop it secretary buttigieg good luck. you went to the private college but our state college may be better. >> both my daughter and my wife went to ut secretary buttigieg you married up. [laughter] eric: help-wanted in washington so many jobs are so unfilled and then senator ted cruz confirming ambassadors so why is the texas senator doing
Situation of, again, more money chasing restricted supply and higher prices, which the big deal about that is that it will erode real wages. real wage growth is actually slower now than it was pre-pandemic because of these price gains. >> first of all, i want to face every crisis with both of you because you don't get panicked at all. not panicked yet. i like that. but scott, talk to me specifically about this because this is another part of the discussion because there are new debates in washington about say infrastructure, which is more than just infrastructure, but it's putting a lot of mon...