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DrScopeify
CNBC Television
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Comments by "DrScopeify" (@drscopeify) on "Jay Powell may have to raise rates 8-10 percent to fight inflation, says Sen. John Kennedy" video.
@Zero11_ss Indeed he is talking to economically illiterate people and so they support his view because they have idea about how the world works.
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Yeah we went from 9% to 5% and probably already i the 4% right now and this guy is bullshitting about 10% rates, I must have missed the funny color wing and red nose
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@nilebrixton8436 That is not how things work. Inflation is due to internal issues inside the USA not external. The housing and food prices and oil are all 100% internal within the USA so these are easy to fix you don't need 10% you don't even need 5%. Look inflation went from 9% to 5% and soon we will be in the 3% just look at the TruFlation data it is at like 3.7% right now so we are already getting near the target area.
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@nickritter1992 Inflation data is always lagging like the metrics called Trueflation but who knows....
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100%
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YOU DO REALIZE that Republicans voted in the first 2 trillion COVID spending right? That was TRUMPS work. And you do realize the Republicans voted for each and every US budget in Congress so both sides agreed to every penny spent. OOOOPS,
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