The Feds will claim victory many times over inflation just like they are doing now. They will be wrong each time. Inflation is the result of printing too much money at a rate faster than population and productivity growth it’s that simple. The Fed grew money over 19% in 2020 and the over 16% in 2021. In the 1970’s they grew it at 12 % several times and look at what that did. There is no historical data to guide us now. The Federal Reserve and the Treasury Secretary do not even acknowledge that they did this on purpose because they do not understand what they have done. To expect them to correct it is foolish at best. They will lower rates in 2024 to please the overlords in the Democratic Party. Inflation will rear its ugly head. They will blame something else like Russia or China etc. just keep an eye on the year over year growth of M2 or M3 money supply.
"Inflation is the result of printing too much money at a rate faster than population and productivity growth it’s that simple." Exactly. Do they even print M# reports anymore? They are destroying the currency, and it looks like deliberate sabotage to impose their totalitarian electronic social credit replacement -- to "rescue/save" us from the inflation they seeded. Next thing you know they will create a novel disease in a lab and release it so they can "rescue/save" us with some novel, creepy vaccine.
Inflation is impossible to predict unless you are the entity that engineers and orchestrates every single aspect of the INTENTIONAL rise in prices. There’s nothing organic about this bout of inflation. FEDGOV is the only reason. They did this to us on purpose.
In addition, now we know those plastic particles and chemicals shedding into food from gloves and packaging are likely more toxic than the microbes our bodies require to bolster our immune system. The more government gets involved, the more things are made worse -- especially when special interests (renewable energy manufacturers? Equity cult combatants?) monkey-wrench the works.
The Feds will claim victory many times over inflation just like they are doing now. They will be wrong each time. Inflation is the result of printing too much money at a rate faster than population and productivity growth it’s that simple. The Fed grew money over 19% in 2020 and the over 16% in 2021. In the 1970’s they grew it at 12 % several times and look at what that did. There is no historical data to guide us now. The Federal Reserve and the Treasury Secretary do not even acknowledge that they did this on purpose because they do not understand what they have done. To expect them to correct it is foolish at best. They will lower rates in 2024 to please the overlords in the Democratic Party. Inflation will rear its ugly head. They will blame something else like Russia or China etc. just keep an eye on the year over year growth of M2 or M3 money supply.
"Inflation is the result of printing too much money at a rate faster than population and productivity growth it’s that simple." Exactly. Do they even print M# reports anymore? They are destroying the currency, and it looks like deliberate sabotage to impose their totalitarian electronic social credit replacement -- to "rescue/save" us from the inflation they seeded. Next thing you know they will create a novel disease in a lab and release it so they can "rescue/save" us with some novel, creepy vaccine.
Inflation is impossible to predict unless you are the entity that engineers and orchestrates every single aspect of the INTENTIONAL rise in prices. There’s nothing organic about this bout of inflation. FEDGOV is the only reason. They did this to us on purpose.
In addition, now we know those plastic particles and chemicals shedding into food from gloves and packaging are likely more toxic than the microbes our bodies require to bolster our immune system. The more government gets involved, the more things are made worse -- especially when special interests (renewable energy manufacturers? Equity cult combatants?) monkey-wrench the works.