All the FED had to do was create normal growth.
But no Jay-P wanted to look good for up coming nomination I guess?
He deliberately denied any inflation existed when it was at a 40 year high at 10%+
Now we have risk of a crash.
Conversation
Do you think they don’t expect the crash!! Maybe they could not find any other solutions!!
Well, to be fair, with the amount of cash the treasury sent out it really wasn’t the Fed it was policy
Also, that inflation would’ve flattened as Covid lifted and markets normalized
They have been bullied by market voices and others shouting about high inflation
Temporary
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