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Federal Banking Report CRUSHES Joe Bidens LIES about the "CAUSES" of Inflation... NOT what Joe Biden said at ALL !!
Federal Banking Report CRUSHES Joe Bidens LIES about the "CAUSES" of Inflation... NOT what Joe Biden said at ALL !!
By ConservativeWave
17 May 2024 8:58 am in No Holds Barred Political Forum
1 post • Page 1 of 1
17 May 2024 8:58 am
As a matter of fact... YOU MIGHT have seen a simmilar assessment from ME... over a YEAR ago...
The administration has accused companies of engaging in "greedflation" and "shrinkflation" - raising prices and reducing product sizes to maximize profits at the expense of consumers. However, a recent report from the Federal Reserve Bank of San Francisco challenges this narrative, providing a more nuanced and evidence-based understanding of the factors driving the current inflationary pressures.
The report attributes the current inflationary pressures to other factors, such as the massive government stimulus spending and the Federal Reserve's low-interest-rate policies during the COVID-19 pandemic. These measures boosted consumer demand at a time when the economy was experiencing supply chain disruptions and shortages, leading to a sharp rise in prices across various sectors.
However... THIS assessment is NOT from me... it's from the San Francisco Fed... is FACTS based, and ONCE AGAIN shows Joe Biden to be the LIAR that he is !!
Home Depot CEO (Ken Langone): "Why do liars lie? Because they lie ! ...That's why WE call them liars !!"
https://www.msn.com/en-us/money/markets ... r-BB1mkAQy
The administration has accused companies of engaging in "greedflation" and "shrinkflation" - raising prices and reducing product sizes to maximize profits at the expense of consumers. However, a recent report from the Federal Reserve Bank of San Francisco challenges this narrative, providing a more nuanced and evidence-based understanding of the factors driving the current inflationary pressures.
The report attributes the current inflationary pressures to other factors, such as the massive government stimulus spending and the Federal Reserve's low-interest-rate policies during the COVID-19 pandemic. These measures boosted consumer demand at a time when the economy was experiencing supply chain disruptions and shortages, leading to a sharp rise in prices across various sectors.
However... THIS assessment is NOT from me... it's from the San Francisco Fed... is FACTS based, and ONCE AGAIN shows Joe Biden to be the LIAR that he is !!
Home Depot CEO (Ken Langone): "Why do liars lie? Because they lie ! ...That's why WE call them liars !!"
https://www.msn.com/en-us/money/markets ... r-BB1mkAQy
1 post • Page 1 of 1
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