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To: RomanSoldier19
They all misread the problem. Inflation started out as a supply problem, not so much a demand problem.

Made worse by Biden's energy policy jacking up input costs across the board.

Federal Reserve and ECB both getting tripped up by reckless government spending.

Russians saw weakness so they invaded.

OPEC sees weakness in Western leadership and economic outlook so they cut back production, jacking energy prices without consequence.

Fed and ECB are basically impotent at this point. All they can do is make and pop bubbles. We'd all be better off if they just bought one of these:


2 posted on 10/07/2022 2:16:07 PM PDT by monkeyshine (live and let live is dead)
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To: monkeyshine

all true


3 posted on 10/08/2022 4:13:06 AM PDT by RomanSoldier19 (Res ad Triarios venit)
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