Well I’m of the opinion that the fed can control inflation through policy and that is what got us here in first place. All through the frump years the fed should have been raising the rates but they kept them at rock bottom for too long and then printed trillions on top of it. Saying that won’t affect inflation is absurd. It may not be the feds job but they have the power to affect inflation most directly, that is by printing more money and adjusting rates.
I do agree that the legislature should do something but good luck there.
Well I’m of the opinion that the fed can control inflation through policy and that is what got us here in first place. All through the frump years the fed should have been raising the rates but they kept them at rock bottom for too long and then printed trillions on top of it. Saying that won’t affect inflation is absurd. It may not be the feds job but they have the power to affect inflation most directly, that is by printing more money and adjusting rates.
I do agree that the legislature should do something but good luck there.