Quote:
Originally Posted by bgreene
Pandemic impact and rebound is a major cause of the current global inflation.
Our Fed Policy makers have kept interest rates very low to assist with the rebound.
Trump had very vocally blamed the Fed when they had raised interest rates .
Trump made it very clear he favored very low interest rates.
How is inflation controlled ?
By higher interest rates which costs people more money therefore slowing the economy and therefore slowing demand. Slower demand - lower prices.
So here we are with same low interest rate policies and inflation spiraling.
Bidens fault ? Nope .
https://www.forbes.com/advisor/inves...ing-right-now/
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1987 V20 w/1987 150HP Yamaha on a Shoreland'r Trailer
1978 16.5 Airslot w/1996 120HP Force on a Four Winns trailer
1996 V21 w/1993 200HP Mercury on a Shoreline Trailer
All towed by a 5.7L Hemi Durango.
If God didn't have a purpose for us we wouldn't be here, so
Live simply, Love generously, Care deeply, Speak kindly.
(Leave the rest to God)
Silence, in the face of evil, is itself evil. Not to speak is to speak, not to act is to act. God will not hold us guiltless.
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