$Nasdaq Composite Index (.IXIC.US)$ The foolish Federal Rese...
$Nasdaq Composite Index (.IXIC.US)$ The foolish Federal Reserve, despite last month's high inflation, only raised interest rates by 0.75 under the influence of the White House. The inflation was originally caused by loose mmf and energy, but due to the slow action of the Federal Reserve, ordinary people are struggling to make a living. Everyone is out looking for work, and the significant increase in wages has even motivated some lazy individuals to start working. The spiral of inflation has officially begun, and due to the Federal Reserve's sluggish actions, the pain for ordinary people is still ahead. Remember, inflation affects the basic lower-class people, but has no impact on government officials setting foolish policies with high salaries.
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Penguin’ : Disagree that inflation is caused by monetary easing. Inflation is mainly caused by the supply chain. Energy also plays a big role, but oil prices are now back to pre-war levels, so it's not a problem.
BruceLin8 Penguin’ : Is there a pre-war level? My gas station is still so expensive.
Penguin’ BruceLin8 : International crude oil prices have fallen, and consumer fuel prices have peaked.
BruceLin8 Penguin’ : Can't the domestic price be reduced?
70083659 BruceLin8 : The country is waiting to be cut. The oil price of chevron has fallen by 20%.