It Seems Unlikely That Inflation Will Be Curbed Anytime Soon


Announcing that it is going to switch to smaller interest rate hikes. Soon, apparently, like possibly as soon as December. Great, because that'll really do wonders to curb this inflation that is still near 8%. I mean, it's been just massive. Look, the reality is this, they pumped what nearly $7 trillion into the economy when it was all said and done. And I'm talking the combination between the Federal Reserve and Joe Biden's big plans and the Democrats big plans. And by the way, it's not like the Republicans are blameless in any of this anyway, because they went through with one two COVID stimulus checks, followed by more stimulus, because that's all politicians know how to do. So it should give us some concern about the future. I don't know how. I don't know how the fed curbs inflation when they're actually looking at just hiking by .5 as opposed to .75 as they had originally intended to in the month of December. I mean, don't forget. The last time we saw inflation like this was back in the early 80s. And when I say inflation like this, it's because this inflation today is very similar to what we saw back in the 80s. In fact, if you look on an apples to apples basis with the same exact criteria that they used back in the early 80s, guess what? You find that we are looking at more like 16 17% inflation as opposed to this 7, 8% that they're telling

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