Tuesday, March 7, 2023

Steve’s Barking; The Fed raising rates isn’t………

 The federal reserve raising rates isn’t…..
 Going to bring about one more egg
 Going to produce more grain
 Going to build one more house
 Going to have one more truck driver
 Going to unclog crowded ports
 Going to have one more ounce of oil
 Produce one more car
 Lower the price of land

* In our economic society if goods and services are diminished, you are going to have inflation. The feds raising rates isn’t gonna do a damn thing to stop inflation. What will the demand be there with less money? You betcha! In my opinion raising rates make a bad situation worse.
 

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