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re: CPI numbers still hot inflation
Posted on 4/10/24 at 8:33 am to Ten Bears
Posted on 4/10/24 at 8:33 am to Ten Bears
Any funding or budget item should be scrutinized, rather than its social security its social security......meanwhile the backdoor is wide open for trillions in build back better, covid, MIC, state dept spending ad nauseum.
We are spending far more than budgeted, which means printing money artificially to dump in the market, thats not enough so we lowered interest rates, thats not enough so we "invented" quantitative easing.
Now that we are thoroughly addicted, we have few levers to lower the inflation and we keep going back to the fix with less and less impact. Hence this "pesky" semi permanent inflation, unless we drastically reduce the money supply and get ready for some stagflation Japanese style.
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