TeslaSmurf
:
No doubt: IF the hikes do not cause a recession the FED action would be useless, as it is the only way to calm down the inflation (besides ending the war = lower oil prices and better POLITICS = healthier fundamentals instead of so much easily printed money). They are LIARS as they perfectly know what they are doing and WHO is going to pay for their bad choices…
Cow Moo-ney
OPTeslaSmurf
:
You’re right, those that you have mentioned eg war, old prices, politics etc are unlikely within the Fed’s control. So they can only take money away from consumers, bring down demand for goods and services and slow down the economy, in attempt to curb inflation
mark1974 : Didn't he say that the US economy is strong?
dwarrior : Because is strong, he will raise interest rate till a point that cause recession
Cow Moo-ney OP mark1974 : But he also said raising interest rates could lead to a recession.
TeslaSmurf : No doubt: IF the hikes do not cause a recession the FED action would be useless, as it is the only way to calm down the inflation (besides ending the war = lower oil prices and better POLITICS = healthier fundamentals instead of so much easily printed money).
They are LIARS as they perfectly know what they are doing and WHO is going to pay for their bad choices…
Cow Moo-ney OP TeslaSmurf : You’re right, those that you have mentioned eg war, old prices, politics etc are unlikely within the Fed’s control. So they can only take money away from consumers, bring down demand for goods and services and slow down the economy, in attempt to curb inflation
TeslaSmurf Cow Moo-ney OP :