Sunday, March 5, 2023

Truth on Inflation

So long as Federal spending continues to increase exponentially, it will not matter how much the Federal Reserve raises interest rates in their attempt to reduce inflation. The Federal Reserve is not the problem, so it can't be the solution. The cause of the inflation is the money printing and borrowing by Washington to pay for extravagant and unprecedented "Green" initiatives that are aimed at replacing the existing carbon-based economy with fairy dust. Heretofore, Americans always had to contend with the prospect of too much money chasing too few goods, but now the menace is cow burps and flatulence. If anyone noticed, cattle are not the only carbon-emitting life form. People are carbon-based as well, so are new masters are finding ways to erase large swathes of humanity to create their sustainable planet. 

No comments: