Thursday, March 14, 2024 1:34:25 PM
Purchasing Power.
Does it decline faster than
Our Trust in the FED?
The 13 Week Treasury Rate has stabilized at around 5.3% yield. In the mean time, CPI Inflation has corrected from the late 2022 high. But the rate at which it is correcting has slowed. Stuck near 4%/Yr, it is a cancer for Citizens living on Fixed Income. It's also far above the Federal Reserve's stated long term inflation target.
The FED doesn't feel Inflation's pain the way Citizens do. Nor do Senators or Congressmen. Where's the accountability?
Does it decline faster than
Our Trust in the FED?
The 13 Week Treasury Rate has stabilized at around 5.3% yield. In the mean time, CPI Inflation has corrected from the late 2022 high. But the rate at which it is correcting has slowed. Stuck near 4%/Yr, it is a cancer for Citizens living on Fixed Income. It's also far above the Federal Reserve's stated long term inflation target.
The FED doesn't feel Inflation's pain the way Citizens do. Nor do Senators or Congressmen. Where's the accountability?
Buy from the Scared; Sell to the Greedy.....
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