By Ryan McMaken
Things aren’t going as planned. Inflation just rose to an 18-month high, and the Fed has stopped saying that it’s making “progress toward the 2 percent objective.”
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By Ryan McMaken
Things aren’t going as planned. Inflation just rose to an 18-month high, and the Fed has stopped saying that it’s making “progress toward the 2 percent objective.”
... now that Trump is president. I saw Schumer call the latest CPI numbers Trumpflation! The balls on that moron.
Soon it will be, but not yet.
Some of what he's doing should be deflationary, especially if they really do dramatically cut discretionary spending.
I got a msg from my bank yesterday saying that the interest rate on my savings account was lowered (again), below 2%. 🤪
I'm surprised you got a message.
The FED is just fulfilling their function; to steal money and value from the plebes. They don't want inflation to go down, they are making the inflation by pumping the printing presses to full production. Only the parasite class prospers under this regime.