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Politics : A Real American President: Donald Trump

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From: locogringo3/23/2022 4:17:17 PM
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POTENTIAL “INFLATION BOMB”


BIDEN ECONOMY: Potential “Inflation Bomb” Coming with Expected Increases in Prices of Fertilizer and Food while Petro Dollar and Trading Houses at Risk

The Biden economy is in horrible shape and projections are for worse.We reported this morning on the potential inflation bomb coming due to this Administration’s policies. To offset inflation, the only answer that has historically worked is to increase rates above the rate of inflation. That would mean increasing rates at least 10% since current rates are near zero and inflation is at 10%.
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