Another crazy blog or a blog that goes against conventional wisdom. The Federal Reserve can not bring down inflation, because the last inflation and the inflation in the near future are self inflicted. The best the Feds can do is lower their interest to next to zero and “hope” that it will encourage banks to lower their interest rates so that entrepreneurs can borrow to build factories that would produce a greater amount of goods thereby lowering their cost of products.This can no happen in less then five years if at all.
The Fed can not produce goods, period and the lack f goods is what is driving this inflation .
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