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re: Powell no longer believes inflation will reduce

Posted on 5/14/24 at 11:18 am to
Posted by Antonio Moss
Baton Rouge
Member since Mar 2006
48338 posts
Posted on 5/14/24 at 11:18 am to
quote:

The inflation we have experienced the last 3 years is BOTH Biden and Trump's fault. One started it the other kept the fire going.


It actually started in 2008. It spiraled out of control in 2020, but we’ve had nearly two decades of abysmal monetary policy
Posted by ragincajun03
Member since Nov 2007
21457 posts
Posted on 5/14/24 at 11:21 am to
quote:

It actually started in 2008.


TARP I in GW Bush's last year.
Posted by Tomatocantender
Boot
Member since Jun 2021
4817 posts
Posted on 5/14/24 at 11:23 am to
quote:

It spiraled out of control in 2020


It did? Inflation was at 1.4% in Jan. 2021 when Biden took office. The last 4 years is on him. Nice try though.
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