The Fed is your friend?

El Correcto

god is dead
Wellllll actually the tax inflows exceed the federal spending. For the bulk of this administrations term the deficit has been reduced. That doesn't mean spending is down just that having added 10ish million jobs in the last 18 months has helped the tax revenues.
Spending absolutely is down compared to trillions being spent on covid hoax.
 

rickyb

Well-Known Member
I mean, they created the mess we're in. And raising rates rates is the only real tool they have to fight inflation (though it would be nice if they stopped printing money too).

No, the Fed is not and never was our friend.
The fed is not our friend but there could b rationing and price controls which fdr and nixon implemented
 
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