People do not experience the economy through government statistics. They feel it through rising prices, increased debt, and lost purchasing power.
Posted by Flatland_Exile
People do not experience the economy through government statistics. They feel it through rising prices, increased debt, and lost purchasing power.
Posted by Flatland_Exile
6 Comments
Might be war sending oil prices through the roof too
The FED didn’t enact tariffs that have artificial inflated prices. They didn’t start a war that’s doubled gas prices.
I don’t think the FED is the problem
Wisdom is too low in the country to flourish.
Fed Reserve is why we’re not on Zimbabwe inflation levels right now.
If you go online you’ll eventually see people post stuff like this
– “Federal Reserve is a private bank. It does not follow the President’s policy. It needs to be closed.”
– “End the Fed”
And then you realize, an education problem manifests as a critical thinking gap. You can’t just Instagram or Blog your way through this gap.
Weird to see some people simping for the Federal Reserve here. I’m personally not a fan of them or the fractional reserve banking system in general (though it does have its pros and cons).
On a side note however I agree with some of the comments that blame what is essentially the American Government of my lifetime for all the shenanigans that they have pulled over the years.