fullspinzoo wrote:
https://www.msn.com/en-us/money/companies/editorial-it-s-the-inflation-stupid/ar-AAUxnlL
Between the i***ts in the Biden administration and the FED we are doomed, unless they admit they screwed up and change course. Why won’t they? Because there will be real short term pain and they won’t tell you that.
Economy, especially the job market are looking good. So why a problem? Because the i***ts gave out trillions in “free” money. This has caused rampant inflation. The answer IMO. Raise interest rates slowly, and cut, yes cut government spending, staffs, and regulations. Open back up our full energy production and in a year we are on a way to real recovery. We are almost to an inverted bond yield curve which signals a recession coming.
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