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Of course, when the democrat is challenged they think a link is the truth or deman that thier opinion is fact.Fool, blocked.
Do you know what the Fed is?Yes because of the Covid pandemic. Inflation was at a 40 year high in the UK, is that President Biden's fault too. I don't expect MAGA to know much but this is basic.
When the government over steps its boundaries and regulates businesses. We pay for it. Go Trump!Half of recent US inflation due to high corporate profits, report finds
The corporations have been quick to pass on any increases in cost, but not inclined to pass on the savings when costs went back down.
So not really inflation anymore, but greedflation.
This, my republican friends, is why capitalism requires regulation and oversight.
Yes I do. I also know that the Federal Reserves monetary policy on inflation was originally borrowed from the Reserve Bank of New Zealand which under the RB Act requires inflation to be held between 1 and 3%Do you know what the Fed is?
Nobody knows what capitalism you're talking about retard...we don't have it hereHalf of recent US inflation due to high corporate profits, report finds
The corporations have been quick to pass on any increases in cost, but not inclined to pass on the savings when costs went back down.
So not really inflation anymore, but greedflation.
This, my republican friends, is why capitalism requires regulation and oversight.
The exclusive issuer of the USD can print trillions when the GDP is over twenty trillion. Government authority can eliminate inflation quickly, in the vast majority of cases, by increasing interest rates, imposing price controls, taxation..etc. If the US government refuses to do that, due to ideological reasons (they don't want to appear" too socialist", hence they fail to take the necessary, most effective steps to quickly end inflation), the country suffers unnecessarily.Nobody knows what capitalism you're talking about retard...we don't have it here
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you buy excess milk and eggs, how do you prevent them from spoiling
Excess “demand over supply”you buy excess milk and eggs, how do you prevent them from spoiling
If the government takes the trillions it just "printed" (typed into a computer at the FED), allocating that money to infrastructural development, it will increase production (i.e. GDP). Printing trillions isn't necessarily a problem provided the funds are used for national infrastructure.Excess “demand over supply”
Christ you’re stupid
Sometimes we can't refuse to purchase those goods and services due to them being the only ones on the market or it would be more expensive to purchase from another seller. The government can impose price controls while giving those companies a tax relief, or other incentives and rewards for cooperating. The government has the stick and the carrot. Both.Certainly, some companies took advantage of the situation and raised prices because everyone was being informed that prices would rise. The way to punish them is to refuse to purchase from them.
Fuck THAT!!!!Sometimes we can't refuse to purchase those goods and services due to them being the only ones on the market or it would be more expensive to purchase from another seller. The government can impose price controls while giving those companies a tax relief, or other incentives and rewards for cooperating. The government has the stick and the carrot. Both.
The Fed causes inflation. Its mandate to keep inflation down doesn’t change that.Yes I do. I also know that the Federal Reserves monetary policy on inflation was originally borrowed from the Reserve Bank of New Zealand which under the RB Act requires inflation to be held between 1 and 3%
OK, so we all can agree that many people feel that way. What we can see is that right now, and for about a year now inflation has been back down to that 1-3% range after that big spike we had 4 years ago:The Fed causes inflation. Its mandate to keep inflation down doesn’t change that.
OK, so we all can agree that many people feel that way. What we can see is that right now, and for about a year now inflation has been back down to that 1-3% range after that big spike we had 4 years ago:
: View attachment 1003710
As far as the Fed goes, are you aware that what they do is tweak interest rates to keep inflation on target?
