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To: ConservativeInPA

“It is massive government spending cut.”

Everyone knows that’s not going to happen.

If people are right that inflation is higher than the FED says then interest rates are much too LOW.


5 posted on 12/22/2022 8:38:56 AM PST by SaxxonWoods (Successful People Have a Sense of Gratitude. Unsuccessful People Have a Sense of Entitlement)
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To: SaxxonWoods

https://freerepublic.com/focus/f-bloggers/4118191/posts

More here, search is your friend.


6 posted on 12/22/2022 8:42:47 AM PST by SaxxonWoods (Successful People Have a Sense of Gratitude. Unsuccessful People Have a Sense of Entitlement)
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To: SaxxonWoods
The Fed does not determine inflation stats. This is one of the problems. The tentacles of the deep state are distributed between multiple parts of government, each generating economic statistics. There is no consistency. There is no harmonization. It produces compounded errors. The Fed has two primary tools at its disposal; adjusting interest rates and controlling money supply via the assets on its balance sheet. Both of these are crude tools that lack precision. When another tentacle of the deep state lies about its numbers, the Fed cannot appropriately use its crude tools.

No one is looking at the economy as a whole and directing policy across all parts of government. There needs to be spending cuts, interest rate cuts, regulatory elimination, changes to energy policy, changes to trade policy, increased tariffs, changes to the tax code, changes to foreign policy and the closure of our border with deportations of all illegal aliens and foreign students here on visas. Education is also a long term competitive and economic weapon. We should not be educating our enemies, particularly the frickin’ ChiComs. Concurrently, we need to have policies to onshore strategic manufacturing, mining, drilling, technology, and pharmaceuticals. That means complete supply chains in the US for the most critically important goods that sustain life and provide defense to our nation.

7 posted on 12/22/2022 9:11:39 AM PST by ConservativeInPA (Stupidly is a moral problem, not an intellectual problem. )
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