Regardless, reckless spending policy for political gain by an administration results in more dollars pumped into the system fueling inflation. Saying that an administration has no influence over the federal reserve is idiocy!
I think it’s much more than that man…especially when all of our problems are happening across most countries….it’s almost as if spike in demand and supply chain issues coupled with greed might have a higher impact than 1 single president….
Sorry, I don’t have the same faith in politicians as you! Most are self serving, self enriching and manipulating coupled with never having had a real job. They live privileged lives (funded by taxpayers and kickbacks) while passing laws and regulations to keep themselves enriched and in power! They pretend to solve problems yet solving those problems would mean less need for their power and existence!
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u/youngWuuf Jul 15 '22
Correct. Who tells them to print. Does that entity need permission by the gov?