Rising Inflation?
Everybody seems to have blindly accepted all the inflation. Is the Federal and/or local governments going to do anything about it? Do they care?
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MovieChat Forums > General Discussion > Rising Inflation?
Do they ever?
shareApril 13, 2022 $8.965 trillion
August 17, 2022 $8.850 trillion
https://fred.stlouisfed.org/series/WALCL
So that's $115 billion less sloshing around in the economy from 4 months ago... but still $5 trillion more than September 2019...
I don't know what anyone, government or otherwise, can do about it. First we had the COVID-19 pandemic; now there is the Ukraine war.
This is what happens when you have a global economy. Nations on opposite sides of the planet are conducting regular trade with one another. When everything is so interconnected, there is a lot stronger ripple effect if something goes wrong in one part of the world.
It must be the same as the war on drugs and how Covid was never properly contained. Why do anything about it when they benefit the most?
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