Comments by "Deborah Freedman" (@deborahfreedman333) on "Warren to Powell: Don't drive this economy off a cliff" video.

  1. Why are you ignoring the fact that the stock market began crashing, because companies posted quarterly losses, because they refused to "price gouge" enough to keep up with inflation. The economy isn't as simple as you are.
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  2. How is fighting to keep inflation at a thirty year high, helping anyone but the rich? She working against the interests of the people. Inflation must be lessened.
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  3. The interest rate was lowered to heat up the economy. Now that it is boiling hot, the rate must rise, or we will all be made poorer by rampant inflation. Interest rate rises will actually reduce shortages, as it reduces the impetus to buy.
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  4. She's wrong. And anyone with a lick of sense knows that.
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  5.  @barbaraann6229  She also complained about low interest rates.
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  6.  @gailhitson6722  Cool. But that won't address inflation like raising the prime rate does.
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  7. Read "The Death of Expertise". This man is an educated expert, you are not.
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  8. If you were correct, and inflation was due to corporate greed, the stock market would not have taken a severe downturn, due to record quarterly losses. Thus, you are completely wrong.
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  9. Raising the prime rate worked in the late 20th century as well. HIs theory is sound. He knows a lot more than the morons pushing the MMT, disproven by the current high inflation.
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  10. Nah, she just wants air time. Look how her wrong headed diatribe achieved that goal. Inflation is hurting the people. If she really gave a damn about the people, she be applauding raising the prime rate.
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  11. That happened two years ago, not recently.
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  12. Why? Do you want the poor and elderly to suffer even more?
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  13. She's always been about what will give her more press coverage, not what is good for the American people. The only thing the FED did wrong, was wait so long to raise the prime rate.
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  14. It's a shame that she want inflation to keep wiping out savings, and making it impossible for the poor to buy food or pay rent.
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  15. They are both rich hypocrites, who've never really done much for the people, yet claim to be the people's voice. She is dead wrong, in this case, as inflation hurts the old and poor the most. Raising the prime is the only tool to counter inflation.
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  16.  @sunnywynn56  If she wanted to help the little people, she'd be for raising the prime rate, and lessening inflation. She only cares about herself and getting more power.
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  17. People suffer more from inflation, than high interest rates.
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  18. She's wrong, 100%.
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  19. That's a very bad idea. This job requires an economist, not a lawyer.
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  20. My paternal grandmother always told me that her grandmother had been a "Cherokee princess" I've never claimed to be 1/32 native American, or took advantage of this tale. I did a genetics test, and found I'm about 3% native American. Thus, I have a lot more native blood than Warren, yet never called myself a member of any first nation. She is a fraud and a grifter. We've already tried having one of those as president, and it did not serve the nation well.
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  21. You're correct, and intelligent people agree with you.
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  22. The only thing sharp about her, is her tongue. She's dead wrong here. Inflation, due to giving out Covid relief, must be tamped down. Raising the prime rate is the only tool the FED has, to do that. Maybe, with higher interest rates, the housing market will cool down too, and people will be able to afford homes and rent.
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  23. Your premise, that inflation is due to price gouging, is disproven by the fact so many companies posted record losses last quarter.
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  24. She's was a law professor, not an economics professor, like he was. She should stay in her lane.
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  25. According to MMT, giving people huge sums of money wouldn't cause inflation. The Covid stimulus checks, and resulting high inflation, has proven MMT to be a false theory. Why read up on something that is totally wrong? He should ignore anyone who espouses that well debunked theory.
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