This is good... right?
Well... no... it is not...
Why?
Working people spend money... and, the more money that is spent causes prices to increase because the supply of goods and services has not changed...
"Yet, right now that strength is a curse more than a blessing. With every sign of strength, it will get harder to rein in persistent and broad-based inflation without the Fed raising rates to levels that make a recession inevitable. And the risk is not linear: Though inflation is high today, expectations of long-term inflation are still modest. For nearly 40 years, we’ve lived in an era of structurally anchored inflation, where inflation doesn’t move much within the business cycle. If expectations unanchor, the cost would be far higher than a downturn — it would be an era of higher volatility and a less favorable business environment." Harvard Business Review (same article as above)
Be sure to vote Democrat the next time there is an election because they are the ones that are causing this inflation and if you are like me, I want it to continue... don't you?
Yes... I know... I have a tendency to be sarcastic and my type of sarcasm is not always appreciate... but, I use sarcasm to get you to think... especially about what is going on in our economy. Question our leaders... both liberals as well as conservatives because they both LIE and try to spin the truth to their advantage.
Our political system needs to be replaced... Over my lifetime, it has become apparent that pretty much ALL AMERICANS LIE AND EXPECT OTHERS TO DO SO AS WELL... If they are not lying they are withholding information or using words behind which they hide their true feelings.
You cannot trust anyone anymore... SAD, when you think about it...
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