Posted on 07/26/2022 3:35:39 PM PDT by dynachrome
Higher interest rates won’t end skyrocketing energy prices caused by Vladimir Putin’s war on Ukraine. They won’t fix supply chains still reeling from the pandemic. And they won’t break up the corporate monopolies that Mr. Powell admitted in January could be “raising prices because they can.”
(Excerpt) Read more at wsj.com ...
Sure sounds like it. She’s an Indian you know?...
All these morons have to do is go back to Reagan/Trump economic and regulatory policies.
Graybeaver...... heeheee
Indeed. :)
Squaw with high cheek bones.
So there’s basically no reason to read it
Whatever you do…..don’t look under the loin cloth!!
This one must have stood in line for decades repeatedly to receive this amount of ignorance
Unfortunately, the Fed has seized on aggressive rate hikes—a big dose of the only medicine at its disposal—even though they are largely ineffective against many of the underlying causes of this inflationary spike.
Higher interest rates won’t end skyrocketing energy prices caused by Vladimir Putin’s war on Ukraine.
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What would the left do for a boogyman if it weren’t for Putin? I supposed they’d go back to blaming Trump.
That is assuming they are not actively trying to destroy country
Yes another demonstration of the staggering lack of any understanding of the fundamentals of economics.
What would the left do for a boogyman if it weren’t for Putin? I supposed they’d go back to blaming Trump.
Why is that lying squaw being allowed to write this tripe? All of the problems we are experiencing were caused by HER and assholes like her in Government at all levels.
My water and sewage utilities are supplied by the city. The city ordinances specify that our rates are tied to the CPI. I just got notified that they increased this month by 8.1%
You members of the Great Unwashed need to understand that, in tough times, only you should tighten your belt and bite the bullet. The Gospel says that governments should never have to economize in hard times. It's your duty, prole. Cough up the dough.
The solution is having the Biden handlers do away with inflation by redefining it out of existence, as they are doing with recession.
What is the painless cure for inflation?
Reduced spending. I agree (as much as it pains me) that interest rate increases won’t work this time around. We have a supply problem and a spending problem. Supply problem will be made worse by increasing rates (higher cost to borrow for expansion).
“We have a supply problem and a spending problem.”
Nay, it’s a demand problem. Too much money chasing too few goods. The trillions injected into the economy by Congress and the Fed were all on the demand side.
While at the same time government has placed enormous burdens on production...so insufficient investment went to production.
It’s been a non-stop extravaganza of money creation since 2007...$9trillion in asset purchases by the Fed alone. In the same time period Congress spent over $20 trillion more than they took in.
Who could think this could end any other way than a major crash?
Demand destruction is the only way out and it’s a slim proposition. The only question is whether the Fed has the will to do what must be done.
We are saying the same thing mostly. Spending on the federal level has been off the charts, increasing the money supply. We have to reduce federal gov spending. I think that’s the best way, rather than raise interest rates (thus making it more difficult for suppliers to expand and in some cases stay in business). I wonder if we are back in a crazy economic situation in which gibson’s paradox is in play...
They need to unwind the $9 trillion balance sheet. And stimulate production by cutting damaging regulations. The Dems will never go for that. After November, they'll blame our high inflation and weak GDP on the Republican House.
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