Kind of true unfortunatley.
So? The easy off-ramps were all ignored for far too long. Now, it’s either stop inflation by smothering the economy for a while, or let inflation run wild and become Venezuela. The worst thing would be to keep everyone employed (and therefore spending) and to give in to the demands to inflate salaries as well to match rising prices. THAT would absolutely destroy anyone who didn’t get one of those inflated salaries, especially anyone on a fixed income.
As I recall, the last Republican administration set records in putting people to work, filling their gas tanks and loading up their wallets with green stuff.
Not true at all-dozens of conservative business people/commentators have been on Fox Business saying the Fed is going too far
Powell was re-appointed by Biden and it the Dem fiscal policy (spending increases M2 money supply) that makes it hard to not raise rates
This one is all Dems