23 Mar 2023 11:32 am
NO, penisbreath, that is NOT the only way to "bring down inflation"!!Xavier_Onassis » 23 Mar 2023, 11:04 am » wrote: ↑ The interest on my credit card, which I pay off every month and which pays me 2%, has been over 20% for the eight years I have had it.
The only way to bring down inflation is to raise the interest rates. And the Fed under Yellen is doing a much better job of this than anyone did when the Reagan administration tried the same thing.
You are an ignorant reptile and know nothing of economics.
INFLATION is defined as "too much money chasing to few goods". So YOUR plan is to "reduce the money supply" which ALWAYS leads to a RECESSION/DEPRESSION. HOWEVER, Reagan did something that FIXED INFLATION by INCREASING the supply side of things. The MORE GOODS YOU HAVE that DOLLARS CAN BUY, the LOWER THE PRICES!! Which is the OTHER side of the equation that CAUSES ECONOMIC GROWTH!!
SO STFU Dr. BROKEBACK!! You are a f'ing IDIOT!!
Liberals are spoiled children, miserable, unsatisfied, demanding, ill-disciplined, despotic & useless. Liberalism is a philosophy of sniveling brats ~O'Rourke
The Democratic Party seems intransigent on their position of keeping the party ‘woke,’ detached, exclusionary, and totally insane.
The Democratic Party seems intransigent on their position of keeping the party ‘woke,’ detached, exclusionary, and totally insane.