“If there were a concerted national effort to postpone nonessential purchases, it would have a prompt a perhaps dramatic effect on inflation. This is a wistful thought exercise, however, since there’s no chance that will happen. Americans are not in the habit of sacrificing for the common good, and if President Biden were to even suggest it, the mockery would be deafening. One benefit of Biden’s advanced age is that he was actually in government in 1979 when President Jimmy Carter asked Americans to consume less, the last time a U.S. president has been naïve enough to make that mistake.”
Haha.
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NEW 🚨 Russian ruble becomes world’s top performing currency in 2022, as it’s up 11% against the dollar - Bloomberg
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Posted on 12:58 PM · May 12th, 2022
https://gettr.com/post/p19ixrz9302