T O P I C R E V I E W |
Randall | First, Dems said inflation didn’t exist. Then they said it was “transitory.” Now they are saying it is “a sign of progress.” |
PhoenixRising | Not the Dems. The feds said it. Who was that princeton educated dude who said that? Powell? Politicians/governments depends on them for their economic policies. I predicted inflation early 2020 during Trumps presidency. Search here in the forum. |
Randall | Good economic policy keeps inflation at bay (at a preferred low amount to prevent deflation). Both Biden and Psaki said those quotes. |
PhoenixRising | US has never adhered to the monetary policy which impacts the economic policies. During the Lehman crisis, the government should not have bailed out banks. I am no expert. laissez faire or True objective based capitalism and free market was never practiced by government . Like evolution, weaker companies fall , and a strong one arises from that experience. |
iQ | Right now Uncle Joe is not in the right "Frame of Mind" to comprehend any policy in depth. The Feds must act by increasing interest rates but they are allowing a massive Stock Market Bubble using more and more printed currency without any backing.
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