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re: Democrats control the House, Senate and White House...
Posted on 10/26/21 at 7:24 pm to BradPitt
Posted on 10/26/21 at 7:24 pm to BradPitt
How many times does this have to be repeated?
There's plenty of things Biden should be criticized for.
Gas prices are rising globally. It has very little to do with Biden.
Groceries and bills are rising because asset prices have been inflated through quantitative easing. The Federal Reserve has brought over $4.5 trillion in securities over the past year, which has increased the price of bonds and lowered bond yields. This was occurring under both Trump and Biden. The Federal Reserve has not wanted to raise interest rates because they've wanted to encourage borrowing to stop markets from crashing.
This has very little to do with Biden but America's addiction to low interest rates.
There's plenty of things Biden should be criticized for.
Gas prices are rising globally. It has very little to do with Biden.
Groceries and bills are rising because asset prices have been inflated through quantitative easing. The Federal Reserve has brought over $4.5 trillion in securities over the past year, which has increased the price of bonds and lowered bond yields. This was occurring under both Trump and Biden. The Federal Reserve has not wanted to raise interest rates because they've wanted to encourage borrowing to stop markets from crashing.
This has very little to do with Biden but America's addiction to low interest rates.
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