Politicizing Inflation

[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/