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Vale Tudo
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Comments by "Vale Tudo" (@valetudo1569) on "The Fed should raise interest rates by a full point: Billionaire investor Sam Zell" video.
Lol that was funny
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I still say the primary factor in inflation is the Russian invasion of Ukraine and the rise in oil, along with the supply chain constraints in China from zero covid. I know that's not popular to say but I think it's true, simply because we are seeing it world wide, and not just in the US. Did the massive stimulus contribute? Of course it did...and we were seeing inflation from that before the war. Did the Fed miss the mark? Yes they did, and Biden does not control them. however, I still think the stimulus was what needed to be done at the time to avoid further economic damage. Hindsight is always 20/20, and nobody could have predicted Putin would've done what he did.
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