Replies to post #25883 on The Rising Influence of Rising Affluence

[jbog]

Powell has no weapon that can bring this mess under control.

It'll take an concerted effort by all government arms to bring this under control. So far Powell has started to increase rates while the rest of the government has told people not to pay loans, and will forgive how many billions along the way.

The fed will also overspend by trillions again in 2022.

The feds need to address energy, transportation etc and all their doing is making the problem worse.