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Re: Captainandy post# 2990

Thursday, 11/17/2022 4:33:50 PM

Thursday, November 17, 2022 4:33:50 PM

Post# of 5061
Fed not trying to win an inflation war they work for the Billionaires only and against 99% of Americans. They could stop inflation overnight by making Banks hold reserves but right now Banks don’t have to hold any reserves at all.
Inflation is good for billionaires only and not good for middle class Americans. But what does Government care about Americans when they are all millionaires in Congress getting big payouts by Oil companies.
Ever hear a billionaire complain about inflation..The Saudis pay Congress members to make sure gasoline and diesel prices are a s high as possible.

Saudi interests have spent over $142 million on lobbying and influence operations on Republican and Democrat Congress members. Saudi Arabia owns the Motiva refinery based in Port Arthur, Texas which is the largest refinery in the United States supplying a considerable amount of Crude oil derivatives such as gasoline and diesel to US consumers.

https://www.opensecrets.org/news/2022/10/saudi-arabia-ramped-up-foreign-influence-operations-in-the-us-during-bidens-presidency/