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korrents · piece

Costly medicine

Claudia Sahm · 14 Sept 2026

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Every claim below was made in this piece, quoted word for word and numbered in the order the piece makes them, so you can read it there rather than take our word for it. The sentence above each quote is our reading of the claim, not their wording. Each quote was checked against a stored copy of the page at build time; where the two differ, the quote is the fact.

  1. Our reading

    Monetary policy decisions should be grounded in economics, not politics.

    Their wordsThe Fed must stick to its mandate and ground its decisions in economics, not politics.

  2. Our reading

    Raising interest rates imposes real costs on borrowers and on the labor market.

    Their wordsHigher interest rates create direct costs for millions of Americans through borrowing and potentially indirect costs through a weaker labor market.

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