We haven’t seen anything yet. This is. Tip of an iceberg. Inflation cannot be tamed if both fiscal policy and Fed Reserve are working together. We cannot have one part of the government spending like drunken sailors while other side trying to tame inflation. What’s actually happening is commoners are being punished with high interest rates to make up for their governments irresponsible spending.
Discussion
Edited
We haven’t seen anything yet. This is just the tip of an iceberg. Inflation cannot be tamed if both fiscal policy and Fed Reserve are not willing to work together.
We cannot have one part of the government spending like drunken sailors (Federal Government- fiscal) while other side tries to tame inflation (Jerome and the Fed Reserve). What’s actually happening is commoners are being punished with high interest rates to make up for their governments irresponsible spending.