12 May 2022 7:28 pm
05 May 2022, 2:28 pm
Dear President Biden, what did you expect by re-nominating REPUBLICAN Jerome Hayden "Jay" Powell?
We know that REPUBLICAN FEDERAL RESERVE GOVERNORS SCREW DEMOCRAT PRESIDENTS WITH JACKED-UP INTEREST RATES EVERY TIME THEY GET A CHANCE!
EVERY1 KNOWS THIS INFLATION THAT WE ARE EXPERIENCING IS DUE TO SUPPLY CHAIN SHORTAGES. ASK YOURSELF, "HOW WOULD RAISING INTEREST RATES HELP CREATE MORE SUPPLY?"
The only answer is that it won't!
RAISING INTEREST RATES ONLY RESULTS IN FEWER BUSINESSES BEING ABLE TO BORROW TO CREATE NEW SUPPLY CHAINS!
THE RESULT WILL SIMPLY BE A CYCLE OF HIGHER INTEREST RATES FOLLOWED BY HIGHER INFLATION FOLLOWED BY EVEN HIGHER INTEREST RATES, MUCH LIKE THE 1960s & 1970s. STAGFLATION IS WHAT WE WILL GET AGAIN!
& THAT STAGFLATION WILL COST US THE MID-TERMS & RESULT IN THE
BEING RE-ELECTED! IS THAT WHAT YOU WANT?
NEVER EVER TRUST A REPUBLICAN!
↓https://twitter.com/Liberal_Forum/statu ... 39941?s=20
Dear President Biden, what did you expect by re-nominating REPUBLICAN Jerome Hayden "Jay" Powell?
We know that REPUBLICAN FEDERAL RESERVE GOVERNORS SCREW DEMOCRAT PRESIDENTS WITH JACKED-UP INTEREST RATES EVERY TIME THEY GET A CHANCE!
EVERY1 KNOWS THIS INFLATION THAT WE ARE EXPERIENCING IS DUE TO SUPPLY CHAIN SHORTAGES. ASK YOURSELF, "HOW WOULD RAISING INTEREST RATES HELP CREATE MORE SUPPLY?"
The only answer is that it won't!
RAISING INTEREST RATES ONLY RESULTS IN FEWER BUSINESSES BEING ABLE TO BORROW TO CREATE NEW SUPPLY CHAINS!
THE RESULT WILL SIMPLY BE A CYCLE OF HIGHER INTEREST RATES FOLLOWED BY HIGHER INFLATION FOLLOWED BY EVEN HIGHER INTEREST RATES, MUCH LIKE THE 1960s & 1970s. STAGFLATION IS WHAT WE WILL GET AGAIN!
& THAT STAGFLATION WILL COST US THE MID-TERMS & RESULT IN THE
BEING RE-ELECTED! IS THAT WHAT YOU WANT?NEVER EVER TRUST A REPUBLICAN!
↓https://twitter.com/Liberal_Forum/statu ... 39941?s=20