Yall say the job market sucks every year. Even if it did that rich and in power want to keep ya poor no matter what. Yall know what you need to do but yall think no kings protests are the solution
Fed interest rates
Have zero effect on inflation regardless of what they want you to think
Stock market is soaring but the stock market isn’t the economy. The value of the market compared to the money supply is the highest it’s been since the dot com bubble i don’t feel good about this
I was being facetious f*** that b****
Yall say the job market sucks every year. Even if it did that rich and in power want to keep ya poor no matter what. Yall know what you need to do but yall think no kings protests are the solution
Yeah because the job market has been bad every year since after Covid lockdown ended. Have you actually tried looking for a job recently? Not easy especially for new grads
Have zero effect on inflation regardless of what they want you to think
Interest rates affect inflation through increasing/decreasing demand, but the triple whammy Covid/UKraine/Iran were all supply shocks so in that sense you’re right the rates aren’t having a big effect lowering inflations
They might end up calling the 20’s the lost decade like Japan
Fed interest rates
Explain further. Are you saying that Fed Rates increasing was done to drive up inflation? Because that actually was done to bring it down in which it was actually working until Trump came into office and now wants to lower it which will increase inflation more
Explain further. Are you saying that Fed Rates increasing was done to drive up inflation? Because that actually was done to bring it down in which it was actually working until Trump came into office and now wants to lower it which will increase inflation more
Its a old school economics take that doesnt apply anymore but in theory raising interest rates should lower inflation