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To: ChicagoConservative27

The only way to stop inflation is to stop excessive Government Spending, stop the quantitative easing by the Fed and raise interest rates to the point it creates a recession.

How likely are those things to happen, it’s an election year and if it happens it will be after November.


8 posted on 05/11/2022 9:58:08 AM PDT by srmanuel
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To: srmanuel

Spot on. This stuff isn’t “easy” but it’s also not really mysterious. Steps could be taken. But there is just about no chance that anything useful will be done, at least in the next 6 months.


12 posted on 05/11/2022 10:00:35 AM PDT by ClearCase_guy (It's hard to "Believe all women" when judges say "I don't know what a woman is".)
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To: srmanuel

Its really no big secret- if the fed continues raising rates rapidly, credit dries up, consumer debt spendings withers, profits suffer... you get a recession, probably less than a year. If they dont self inflict a recession we get hyperinflation....so Biden has painted himself intoa corner here waiting so long to act...gaslighting folks into thinking what came, wasnt coming...lying when it got here about how long it would be here and now blatantly lying about why it happened in the first place. No one buys what these idiots are selling at this point.


19 posted on 05/11/2022 10:22:02 AM PDT by MrRelevant
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To: srmanuel
stop excessive Government Spending

No one has ever done that, not even Trump or Reagan. Until someone does, and more than just a small 10% cut, none of the rest matters.

95% of non-military Federal Government spending is the minimum that needs to be permanently cut.
25 posted on 05/11/2022 10:31:00 AM PDT by TexasGunLover
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