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"The post asserts the Federal Reserve should have raised rates in early 2021, stating the organization is broken, incompetent, and uses outdated information. It expresses strong disagreement with Ken Griffin regarding defending theoretical independence, arguing that the Fed's two-target approach is rigid and its disregard for money supply is a significant problem. It further claims Chair Powell was late to raise rates, is dragging his feet on cuts, and predicts significant rate reductions of 50, 75, or even 100 basis points."