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Grim Affiliations
Bloomberg Television
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Comments by "Grim Affiliations" (@grimaffiliations3671) on "Feds Three Priorities: Inflation, Inflation, Inflation" video.
Why would the gov wanna do that? They obviously want to be reelected
1
The inflation were seeing is in specific areas and is being driven by specific drivers. I.e used cars -> chip shortage Housing -> zoning laws and covid migration Food -> climate change driven failed harvests and war in Ukraine Gas -> war in Ukraine and opec withholding supply Raising rates wouldnt help in these areas
1
No, it's common sense not to hike rates. This inflation isnt a result of general overheating. The inflation is in specific areas. Raising rates will not help, and would actually make things worse. Especially in the housing sector
1