Thursday, May 02, 2024

Apt Analogy

 


Pilgrim … guess which one is the Biden administration and which one is the Federal Reserve Bank?


Afterward: Biden’s spending $1 trillion we don’t have every 100 days to keep the economy juiced going into the election is causing a rekindling of inflation that the Fed is now afraid to fight with more rate hikes … particularly when they would like to cut rates to do their own juicing. (And besides the economy juicing with deficit spending seems to be working less and less well.)



STAND UP GOR JEROME POWELL!


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