[Renfrew]

“when the Federal Reserve raises interest rates, it means the economy is doing well.”

If that was the case why didn’t the Fed raise rates during the years of the booming Trump economy?

[JoSixChip]

Ya, everything is just peachy. This is worse then when carter was in office.

[Tilted Irish Kilt]

An annalist on Bloomberg said yesterday,
that The Fed would list 7 rate increase to stem inflation.

[ConservativeInPA]

The ignorance of economics is rampant in mainstream news, as well as most programs on the business news networks. 99% of journalists have degrees in journalism, which is solely a glorified degree that says one can read and write at a sixth-grade level. This is one side of the problem. The other side is a huge percentage of Americans are ignorant of economics. That is a failure of government indoctrination centers. Teachers are woefully ignorant in almost every facet of knowledge and have never been required to take a real college level course in anything dealing with mathematics, science, business or economics - they take the kiddie propaganda courses instead, with minors in bulletin board decoration. Thus, no child being passed through government schools is going to learn anything accurate about economics.

This is what happens when leftist take over education. The only way for leftists to succeed if for Americans to be ignorant of how things really work.

[Magnetar]

Don’t mind the cabal behind the curtain, everything is good.

[SaxxonWoods]

Scream when they raise.

Scream when they lower.

Scream when they stand pat.

[Tallguy]

Interest rates going up means the Fed is throwing out the ez money playbook in exchange for fighting inflation. It also means the Biden Administration is dead. The more they try to pump money, the more the Fed will tighten.

[TexasFreeper2009]

the economy is NOT doing well, it’s called INFLATION!!!

it give the ILLUSION that the economy is doing well, because it results in record sales and record taxes.

But those are INFLATED sales and INFLATED tax receipts!

[griswold3]

Liberal; High prices will cure high prices.