ivwshane
Lifer
- May 15, 2000
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They may have the arrows; the question is "will they use them?". So far, they really haven't, but that is probably a good thing since the economy needed to be propped up during Covid. As the economy opens up again, though, they may have to. I dont blame Biden alone. We have been flooding money into the financial system (without a concomitant increase in productivity) since the financial collapse at the end of the Bush presidency.
I don’t know where you are getting that from but they most certainly have been using their tools to keep inflation in check, in fact inflation has been about as stable as can be for a while now. The only reason we are seeing higher inflation now is because companies are ramping up production and essentially everything is on back order (to put it simply) due to their cutbacks during covid.