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re: So did the fed really fix inflation or did the supply chain problem etc just fade out

Posted on 2/5/24 at 8:28 am to
Posted by Penrod
Member since Jan 2011
40224 posts
Posted on 2/5/24 at 8:28 am to
quote:

Nothing has fixed inflation so I am not sure what point you are trying to make

Inflation is down a lot. The rate is nearly fixed. The damage done by the post-pandemic inflation being in excess of salary increases is permanent. It represents a sort of tax to pay for the deficit spending we are addicted to.
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