Economy

bucolic_frolic

(47,365 posts)

7. In a world of low expectations, of value purchases over time, of modest inventories

Sat Oct 1, 2022, 12:07 PM

Oct 2022

In a backwater locale, in other words, a world of hedges against the reality we are force fed. Impact so far has been manageable. Gasoline has been the worst impact. Getting all worked up over it won't change it, and much of that is due to Russia's Ukraine invasion.
I can't vote for or against the Fed. Biden doesn't set interest rates, nor does the Democratic Party, and the Republican Party won't be able to help inflation either. Voters may be vindictive, may not be smart at all times, but reality can intrude at the ballot box on occasion.

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Sucking for real... [View all] sprinkleeninow Sep 2022 OP

It does - I have felt like the game was rigged for a long time and yet I still participated. walkingman Sep 2022 #1

2 401Ks that worked for us, then I had to transfer them into an IRA of my own sprinkleeninow Sep 2022 #2

What is the alternative to the archaic remedy? bucolic_frolic Oct 2022 #3

I don't really know. It just seems that it wasn't all that bad and bingo! we're facing inflation sprinkleeninow Oct 2022 #4

Bankers who populate the Fed and make Fed policy are Republicans. bucolic_frolic Oct 2022 #5

"I don't think inflation will be a big deal at the ballot box." progree Oct 2022 #6

In a world of low expectations, of value purchases over time, of modest inventories bucolic_frolic Oct 2022 #7

I'm not blaming Biden or the D's either. But your average swing/independent voter? progree Oct 2022 #8

The swing/unaffiliated voters. There you go... sprinkleeninow Oct 2022 #9

Yes, price controls, rationing and price freezing Farmer-Rick Oct 2022 #10