The Fed Is Finally Seeing the Magnitude of the Mess It Created

The Fed Is Finally Seeing the Magnitude of the Mess It Created

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When asked about price inflation in his Sunday interview with 60 Minutes, President Biden claimed that inflation “was up just an inch…hardly at all.” Biden continued the dishonest tactic of focuses on month-to-month price inflation growth as a means of obscuring the 40-year highs in year-over-year inflation. This strategy may yet work to placate the most ignorant voters, but people who are paying attention know that price inflation continues to soar. Thus, while Biden may be pretending that it’s all no big deal, the Federal Reserve knows it better do something about price inflation which even the Fed now admits...
Source: https://www.newswars.com/the-fed-is-finally-seeing-the-magnitude-of-the-mess-it-created/