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Economy

bucolic_frolic

(48,390 posts)

5. Bankers who populate the Fed and make Fed policy are Republicans.

Reply to sprinkleeninow (Reply #4)

Sat Oct 1, 2022, 06:24 AM

Oct 2022

Fed has a long history of timing moves around elections. Greenspan in particular. Boy did he screw Al Gore with interest hikes in 2000.

Biden has met with Powell, publicly reported. Sounds like Powell was told 'do what you gotta do.' Biden never fears reality. He embraces it. The public is convinced Fed and Administration policy is now fighting inflation hard. I don't think inflation will be a big deal at the ballot box.

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Sucking for real... [View all] sprinkleeninow Sep 2022 OP

It does - I have felt like the game was rigged for a long time and yet I still participated. walkingman Sep 2022 #1

2 401Ks that worked for us, then I had to transfer them into an IRA of my own sprinkleeninow Sep 2022 #2

What is the alternative to the archaic remedy? bucolic_frolic Oct 2022 #3

I don't really know. It just seems that it wasn't all that bad and bingo! we're facing inflation sprinkleeninow Oct 2022 #4

Bankers who populate the Fed and make Fed policy are Republicans. bucolic_frolic Oct 2022 #5

"I don't think inflation will be a big deal at the ballot box." progree Oct 2022 #6

In a world of low expectations, of value purchases over time, of modest inventories bucolic_frolic Oct 2022 #7

I'm not blaming Biden or the D's either. But your average swing/independent voter? progree Oct 2022 #8

The swing/unaffiliated voters. There you go... sprinkleeninow Oct 2022 #9

Yes, price controls, rationing and price freezing Farmer-Rick Oct 2022 #10