Posted on 08/12/2022 6:11:41 PM PDT by ChicagoConservative27
On Friday’s “CNN Newsroom,” House Majority Leader Rep. Steny Hoyer (D-MD) stated that the Inflation Reduction Act will help deal with inflation right now by reducing healthcare costs, but the Federal Reserve “making judgments on interest rates…is really how you deal with inflation.”
(Excerpt) Read more at breitbart.com ...
Who believes, even a little, that this is a government of the people by the people for the people? I have zero respect for 80% of those in elected office, and that’s because I’m being charitable.
It is a simple plan. Only hire people as doctors if they identify as such and illegals as they work cheaper. Think Haitian voodoo doctors instead of MDs
So healthcare costs weren’t a cause for inflation prior to Biden?
The Make Inflation Worse bill.
The normal situation is money is loaned out at good rates until money to loan gets short. At which time the interest rates are raised to attract savings, which eventually will be loaned out to other people when you have plenty of money to loan out. And the cycle starts over.
Higher interest rates will slow inflation in normal times when the higher interest rates are meant to attract money to be deposited and saved, and less spent. But the current situation is caused by the government literally giving out money like candy. The “excess” money is being eaten up by inflation.
The “We’ll remember in November” Act.
No Steny. The federal reserve and the federal government is the cause of inflation, not the cure.
Just another criminal
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