ES Journal - 2021/2022

Here's my 2 cents----The Fed cannot control inflation by raising interest rates, they can only destroy the economy by doing that. The only thing that can reduce inflation is the government spending and distributing more money. Perhaps Powell has some indirect influence there since they can create money.
I typed part of this incorrectly earlier. It should read----The only thing that can reduce inflation is the government spending and distributing less money.
 
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