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Comments by "Plato\x27s Cave alum" (@platoscavealum902) on "US Producer Prices Jump, Adding to Signs of Persisting Inflation | Bloomberg Businessweek" video.
⬆️🤡 Shambolic and uninformed comment, since the United States government and politicians, by design — have no direct management of the nation’s interest rates or the inflation. That’s the task of the Federal Reserve, which is a non-government entity, despite what the name sounds like. You’re not talking about the government of the failed USSR, silly. In the United States, we separate our short-term incentivized politicians from the ability to set interest rates.
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