I can see why the Fed would increase interest rates, otherwise they would be blamed for the inflation.
But this inflation is the outcome of the COVID-19 government lockdowns that destroyed the supply chain and small businesses, producing shortages that predictably created an imbalance between supply and demand.
The Fed can't do a thing about this kind of inflation, all they can do is make it worse.
We are going to get the worst of two worlds: stagflation.
But this is not so much about the Fed as it is about the government imploding the country to serve their masters.
We have the politicians and the Biden administration doing everything in their power to destroy what's left of the supply chain by cancelling pipelines and leases, in addition to regulatory hurdles that will bankrupt trucking businesses.
Trucker on diesel prices: 'We're going to have a lot of bankruptcies'
And the destruction of food processors and warehouses has not gone unnoticed.
These evil people are pushing forward with the implosion of the US while playing the blame game.
But this inflation is the outcome of the COVID-19 government lockdowns that destroyed the supply chain and small businesses, producing shortages that predictably created an imbalance between supply and demand.
The Fed can't do a thing about this kind of inflation, all they can do is make it worse.
We are going to get the worst of two worlds: stagflation.
But this is not so much about the Fed as it is about the government imploding the country to serve their masters.
We have the politicians and the Biden administration doing everything in their power to destroy what's left of the supply chain by cancelling pipelines and leases, in addition to regulatory hurdles that will bankrupt trucking businesses.
Trucker on diesel prices: 'We're going to have a lot of bankruptcies'
And the destruction of food processors and warehouses has not gone unnoticed.
These evil people are pushing forward with the implosion of the US while playing the blame game.
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