> the Federal reserve also has no leverage to modify the prime interest rate to combat this inflation, as it already sits near-zero
...huh? If you want to lower inflation you'd typically raise interest rates...
(These sorts of stupid-simple mistakes are pretty typical from inflation fearmongers in threads like this one... a lot of words that make it sounds like they know what they're talking about but sprinkled with incredible tells like this one.)
...huh? If you want to lower inflation you'd typically raise interest rates...
(These sorts of stupid-simple mistakes are pretty typical from inflation fearmongers in threads like this one... a lot of words that make it sounds like they know what they're talking about but sprinkled with incredible tells like this one.)