Reply to U.S. Annual Inflation rose to 6.8% in November

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Reply to "U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Biden should have never, ever jammed through the last round of stimulus in order to buy the GA elections.  For what?  2 years of barely having control during which the Dems have gotten almost nothing done?  It will cost them interest rate hikes that are going to cause the economy to go into a recession during 2022-2024 during mid-terms and the next Presidential elections.  What a colossal mistake by the Democrats handing out more money because they listened to idiots like AOC and her gang who were screaming at the top of their lungs for govt injected money.  Complete misfire that's gong to bring a world of hurt to the Democrats. [/quote]

They absolutely will not raise rates more than from zero to 1 percent. They will surrender to inflation and hope the dollar doesn’t collapse into hyper inflation. Raising rates at this point will collapse the economy and bankrupt the government. It’s easier to just let inflation ravage the country and point fingers in all directions for the blame.

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DP As long as they cancel out the CTC - I don't care.

I truly believe after the CTC expires this month (today was the last payment), the student loan payments are turned back on (meaning free-flowing cash sitting in people's accounts is now going to payments), no more stimulus checks in 2022, and we return to normalcy - the inflation will die off.

Strangely simple right? Occupy people's cash and stop sending out FREE unearned income to others.[/quote]

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