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> Rates need to rise but it needs to happen more slowly.

How do you know?

Serious question: Would anyone realistically have a better idea than the fed about that?

I tend to agree here. Any tolerance for "slowness" is anti-free-market. I don't necessarily think completely free markets are optimal, but I can't see a reasonable argument for slower being better than faster in general.

Does the Fed have some privileged information that everyone else does not?

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