It turns out that you can make everyone unemployed and it won’t fix the supply/labor shortage created by a lack of immigration and supply chain disruptions. The fed is using a hammer to fix a chipped vase because it’s all they know what to do.
I strongly agree. The feds do not have the tool set to fix the problem on inflation. 50% of inflation is opportunity by companies testing new price points.
We are in a pickle I don't think we are ready for what's to come in the future. I feel there will be a lot of pain in the future for the “little guy”
In 2008 and 2020 they had all sorts of special acquisition funds to do targeted support, now when the little guys is screwed suddenly they don’t have anything but raising interest rates? Like not even targeted interest rates?
You know what I think? This is just like any other time in history the labor class started getting too big for its britches. We are being told to go back down and stay there.
And that’s a really stark reality now that might change someone peoples support for government.
