Inflation just doesn’t seem to want to exit center stage. If anything, inflation became a major political issue Wednesday when the President defended his efforts to have a $3.5 trillion spending bill follow the $1.2 trillion infrastructure bill that passed with bipartisan support in the Senate. The new amount would not push inflation higher, President Joe Biden said. His reasoning: The supplemental spending would go toward areas such as lowering drug prices, thereby reducing the cost of living.
Inflation: A Major Political Issue
FOMC members knew 1971 1981 episode.
They repeating same as they have their job safe.
Nobody cares for nobody.
As it happened in history.
FOMC members knew 1971 1981 episode.
They repeating same as they have their job safe.
Nobody cares for nobody.
As it happened in history.