Posted on 03/17/2022 8:52:28 AM PDT by Red Badger
A lousy quarter point.
It starts...
Increase the oil supply to lower prices across the board for the average person.
A quarter point here, a quarter point there, pretty soon your talking about real integers......................
A quarter point here, a quarter point there, pretty soon your talking about real integers......................
“Why did inflation get so bad? We’re here because of the pandemic.”
Total BS by an ignorant author. We are here because of one reason and one reason only — power-mad and power-hungry government sending out “free money” to everybody. It was totally not needed if they hadn’t shut down the world in a futile attempt to stop the unstoppable.
Inflation is sooooo bad, leprechauns are buying gold.................
The Green Meanies say we can’t do that. I say f ‘em.
I might earn something on my savings. Great.
Doesn’t increasing interest rates distort the borrowing and lending of money?
Ive sometimes heard that interest rates fluctuate based on supply and demand for money. But it sounds like they are fixing interest rates, and that the free market for borrowed money doesn’t really exist.
Rising interest rates affect everything, even your food, utilities and insurance costs..............
Yep, not a word about printing money and handing it out.
The Covid shutdown was 100% the wrong thing to do.
Yes, inflation may be over 10%.
> A lousy quarter point. <
Sort of like shooting at a charging elephant with a water pistol. But, hey. Those Fed guys are all geniuses. I know that because that’s what the media says. So who are we to question them?
Yep. Higher costs passed on.
Covid did NOT cause the economy to shut down. Idiotic bureaucrats shut down the economy.
And quarter point. Whoo hoo. That should stretch this out another decade. But maybe my saving will go from a great .01% interest to .011% interest. Time to buy some CDs...
Yay. We will earn an extra .001% on our savings that have lost 50% of it’s value.
Powell said in a press briefing. “The expectation is that inflation will come down in the second half of the year, and begin to come down more sharply next year.”
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The same experts were claiming inflation was “transitory” last year.
“I might earn something on my savings. Great.”
6-9 month Treasuries beat the going Money Market rates right now because of no federal taxes on Treasuries. Started building my ladder and will continue as rates rise.
Everybody is screaming that the FED is either doing too much or not enough, so that plays into my feeling that they are doing just fine given what they’ve been handed by an overspending govt for years.
The FED is like the weather, after the screaming you still have to either put on your coat or put on your shorts.
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