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Reply to "I genuinely don't understand these rate hikes"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]They don't know what they are doing. Biden is an idiot as well.[/quote] I would like you to at least entertain the idea that the economists at the Fed do indeed know what they are doing, and that it is you who are ignorant.[/quote] And that managing a globalized economy in the trails of a global pandemic might just have a tad bit of uncertainty and complexity that is hard to predict and manage. Especially in a politicized democracy where you can't just do what makes sense but have to do it through people with wildly varying views and agendas.[/quote]
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