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Visitor

Member Since: Sun Jul 30, 2017
Posts: 2,927
In Reply To
Late Great Donald Blake 
Moderator

Member Since: Sat May 17, 2008
Posts: 7,467
Subj: Re: You're confused.  I don't. 
Posted: Wed Jun 22, 2022 at 11:51:11 am EDT (Viewed 67 times)
Reply Subj: You're confused.  I don't. 
Posted: Wed Jun 22, 2022 at 07:09:52 am EDT (Viewed 108 times)



    Quote:
    I'm saying that Biden's apparent sole strategy to deal with inflation is to leave the economy in this guy's hands.  Biden saying earlier that his main method to tackle inflation is to just let Powell and the FED do what they like.


    cheers,
    ---the late great Donald Blake 

The FED has always been an independent institution like the DOJ. Biden has stated he will let those in charge do their jobs, as he should.

Biden is using used (strategic reserves for example) and is considering other alternatives to curb inflation which isn't an easy task at this point. The FED is the number one arrow in his quiver (no different than all former presidents) to address inflation and they are aggressively raising interest rates to combat the issue.   

What's your point here?  An attempt to make Biden look bad here?

Furthermore, what is your quick fix to the problem then?   

And what is your solution to the Russia issue where you stated sanctions aren't good enough. What is your quick fix to solve the Russia issue?





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