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Сентябрь
2024

OPINION - The one metric where the UK economy beats the US

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Money versus job satisfaction. It is the perennial professional quandary, but there may in fact be one exception: central banking. Jerome Powell, chair of the US Federal Reserve, earns $190,000 per year for the privilege of overseeing the greatest economy the world has ever seen. I'm not saying the job is easy, but when Powell raises interest rates, inflation falls and GDP continues to grow. Oh, and possession of the global reserve currency must be nice, too. In other words, boring. 















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