What does the speaker suggest about the Federal Reserve's role?
JPMorgan's Dimon: 'Very Strong' Economy May Last Into 2023
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The transcript discusses the prevention of a financial crisis and the potential for strong economic growth due to continued fiscal and monetary policies. However, it warns of rising inflation and the need for the Federal Reserve to manage it. The importance of wise spending to avoid negative economic impacts is also highlighted.
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What is the significance of spending wisely according to the text?
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