The Associated PressU.S. Federal Reserve Board chair Jerome Powell is pictured in January in Washington. Powell and other Fed officials have said they expect to keep interest rates at their peak for an extended period.
The Fed and the BOC created the problem with collusion with their corrupt governments and now normal people will suffer 😡😡
To cope with transitory inflation
Just eat it everyone. Nothing you can do. Governments have our financial best interests in mind. Just look at the tax increases coming. They care. They say an unprecedented time caused this. But they can’t change course on taxes. Make it make sense…….
How long before the whole Ponzi collapses?
defund corrupt
Has no issues with stock buy backs, exec compensation, non enforcement of anti monopoly behaviour etc… but goes nuclear when workers try and keep their heads above water.
That isn’t how you fight inflation
Isn’t it just great that we have spend thrift governments. With nothing to show for it. You could blame covid. But they mandated the closures with no scientific evidence. The taxpayer is on the hook as usual for bad decisions.
Why were interest rates so low for nearly two decades? This is the reason we have inflation and a housing bubble in the first place. RichGetRicher
Biden's Inflation Reduction Act worked well didn't it? So much for 'transitory'. Legacy media pretty silent on these points. Why is that?
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