15 Sep 2022 11:26 am
In the real world the country got really bad news about inflation and most investors think the Fed will raise rates again about 75 points AND in the real world the stock market fell 1,000 points.Xavier_Onassis » 15 Sep 2022, 10:52 am » wrote: ↑ The stock market rises and falls based on what some investors think that other investors will do as a result of some event.
Biden thinks curtailing inflation is more important than the temporary fluctuations of the stock market. And he is right.
I would politely suggest that if brandon really was trying to "curtail inflation" he would quit pumping large amounts of money into a broke Supply Chain economy which caused too many dollars to be chasing too few goods.
... brandon and the dems caused this inflation 7 months before Russia invaded Ukraine.
... March 2021 (when the Covid Relief Act was signed) the inflation rate was around 1.7%.
... Feb 24, 2022, when Russia invaded Ukraine, the inflation rate was around 7.5%. This inflation was caused directly due to brandon and the dems pumping $2 Trillion into a Supply challenged economy. (To many $$$ chasing too few goods)