Snobdds
Elite Member
Inflation is the single worst thing an economy can endure.
It strips away so much wealth and what is know as the velocity of money. All for what, cheap money getting people over leveraged with high asset prices.
The Fed did this country no favors with holding interest rates so low during a time when congress what putting out massive stimulus. It was a huge error that will effect us for years to come.
It strips away so much wealth and what is know as the velocity of money. All for what, cheap money getting people over leveraged with high asset prices.
The Fed did this country no favors with holding interest rates so low during a time when congress what putting out massive stimulus. It was a huge error that will effect us for years to come.