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Oz Blog News Commentary

racketeers......

June 9, 2022 - 15:57 -- Admin

AS U.S. CONSUMERS struggle with soaring prices and supply shortages, the highly concentrated industry that delivers their goods from overseas is making extraordinary profits — an expected record-breaking $300 million in 2022, according to British market research firm Drewry. While an emboldened Federal Reserve is willing to risk a crushing recession to bring down prices — and Democrats have offered little resistance to interest rate hikes — Congress is turning to an alternative solution too little seen: passing and enacting legislation.

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