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America. once inflation gets above 5% it tends to take more than just a year, year and a half. it tends to take ten years for it to come down. part of what you are seeing is not just inflation but shrinkflation for smaller quality of goods. it s really a main street story and that s what every american is having an effect a lower quality of life this holiday season. aishah: jonathan, is the fed doing the right thing here with the aggressive rate bumps, are they taking the right actions and what else could they have been doing? the fed did the wrong thing and they printed all the money and created the inflation during the pandemic and they are trying to stop it up. a lot of the work can be done in washington, d.c. take a tip from 1970 s, the mid-70 s, we were suffering for similar inflation. we haven t seen inflation since the 1970 s, jimmy carter deregulated large parts of the ....