General Discussion
In reply to the discussion: Fuck Jerome Powell [View all]Bear Creek
(883 posts)What the fed is doing is going to spiral into a depression. Because this whole situation is more depression than inflation. They say that they cant get workers but they are not really hiring. A alot of the job count is a company who cant fill the job because the people quit. They count each time they fill that one job. So as more people cant work supposedly would mean a reduction in other companies which creates more unemployment. It looks like inflation because they are rising prices actually price gouging. In reality the companies dont care. They are getting their money from the government and not by products and services. And there needs to be a relief for the people and not the companies. Best thing would be for Biden to get rid of his bill that Bush jr signed (Bill Clinton had sense not to sign it when he was president). That bill created usury and people lost their homes.