Holy cow. Talk about not understand anything about how the Fed operates.
Of course you don't get it. You don't understand fundamental economics. Hannity and Tucker won't tell you the following:
What kind of insanity raises taxexsby nearly $1 Trillion Dollars with double digit inflation, $3 Trillion in losses in retirements accounts, hires 87,000 IRS agents to squeeze every penny they can out of hard working American Citizens, while importing Millions of Illegal Burdens to our Social Safety Net and with the cost of gas and food crushing working families?
Yes, we are in a very real pickle. We are probably in a recession now but the dems won't admit it. Anyway, they've got to get inflation down if they want to get re-elected so they will continue raising interest rates to bring down inflation, even at the cost of driving us into a very rock solid recession that even they won't be able to deny. And, the way out of a recession? Spend more money and print more money, which is partly why we are where we are now. Democrats have put us into a lose/lose scenario. No matter what we do, at least under democratic policies, people will be screwed and that means the poorest will be screwed even more than the rich. Then they will run their typical campaign slogan of Republicans only want to help the rich and democrats are for the poor. By the way, if inflation goes down to the zero that Biden claims, we're still paying these high prices.
I’m with you. It’s just advertising that the government is doing something. It’s a supply problem and will correct itself over time. Raising interest rates doesn’t build any new cars, TVs, microchips, or new houses which are all in short supply.
Yes, he was 100% wrong.
This is insanity that wer are Spending and borrowing over $1 Trillion Dollars over our Tax Revenue.
Listen up! In a real healthy economy, we would have civilians putting money into banks and getting interest on accounts higher than inflation. It has not been that way for decades. So, if inflation was 2% then we would get interest back at 4% on savings and checking. And no charges for keeping money in the bank. This has been going to keep inflation in check for those years. The currency is dying. For we are in decline.
It seems you are the dim one on economic issues.
abcnews.go.com
www.forbes.com
Don't you just shake your head sometimes when you read this stuff? I know I do.
skews13 is either dishonest or incredibly stupid or both.
The real goal is to cause a recession
Yup we keep hearing that there is a glut of inventory and that usually means prices will drop but not this time
Yeah, yeah, yeah.
