To: Madharry who wrote (55270 ) 10/7/2022 11:44:23 AM From: Zen Dollar Round Read Replies (1) | Respond to > this brings back a painful memory , when my son was about 3 we lost him for about 45 minutes in Mall of America. that was about 25 of the most terrifying minutes of my life. Moonage Daydream , about the life of David Bowie. At one point later in life, Bowie realized he had to be very careful about what he created, as he was concerned about how his creations might be interpreted by those not capable of coping with them, due to mental illnesses or other issues. That is a profound thought, but as intelligent as he clearly was, he did not ponder it until he was middle-aged.> Perhaps I am delusional listening to everyone talk about the fed and the need for rate hikes to quell inflation, but I feel like the fed is pushing on a door that says pull. as i said before this inflation stemmed from shortages and easy money which drove people out of the labor pool which created more shortages. this post that inflation in Argentina is expected to peak around 95% this year. That is astonishingly bad and far worse than we have in the U.S. I feel only gratitude not to live down there myself. We live in a country were ~8% annual inflation is considered very high and needs to be tamed because of the economic problems it causes. Well, the Fed's reaction to the inflation rates here cause the same thing, economic problems.
