• HubertManne@moist.catsweat.com
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    3 months ago

    man the inflation thing gets me. Its not even covid. Its trump brining obamas moderate interest rates to zero before covid even hit which had the double wammy of forcing bidens administration to move interest rates quickly which you never want to do. choose last ten years here https://www.macrotrends.net/2015/fed-funds-rate-historical-chart and if the initial diagnal line had continued on a steady path with maybe a small dip for covid. We would have been fine. this was after obama had just gotten things under control. but no, trump had to have big stock market numbers so interest rates had to go down or the fed was trying to make him look bad. good grief.