The party is almost over.... last call......
A NO mention of WHY inflation is occurring. Idiots.....
Hyperinflation ahead. Merge left.
....says the fed.
Huh? Butt butt, butt......I coulda sworn bidenomics was making up for the minor inflation we’re seeing. If there really is any. 🤔 /S.
What is this “overperformance” of the US economy of which Federal Reserve chair Jerome Powell speaks? Reducing the purchasing power of the US dollar by some 17% is not “overperformance”, it is a shuffling of cards in a con game of three-card monte, a sucker bet.
Roulette wheels are more honest.
Markets flip him off. DOW up 200 points. lol
I just heard that dumshit Powell speech in Jackson Hole where he blamed the pandemic and increaed demand for the inflation. What a scumbag! It’s all due to Biden killing our energy industry and Biden squandering billions on his filthy global warming projects.
Powell sounds just like the Ukraine offensive.....never ending and goes on forever
But but but Biden and his people told us inflation was down because of Bidenomics and the Inflation Reductiom Act. How can it be too high? Did Biden and his people lie to me? Say it is not so! /obvious sarcasm
” and it will likely require an economic slowdown to deliver it.”
The fantasy of a “soft landing” was by and for people who do not understand how very large economies work.
Until people don’t have enough money to buy everything they want...in the macro sense...inflation will continue apace.
Businesses have to fail. Homes have to go unsold. Personal bankruptcies have to accelerate.
Interest rates in the US run in 40 year cycles. From 1940 to 1980 they went up. From 1980 to 2020 they went down. From 2020 to 2060 they should go up and up and up especially with all of the ever-increasing de-dollarization going on since dollars flooding back to the US causes inflation.
We are not serious if we don’t stop printing and spending.