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2024-09-19 01:19:54
in reply to

CTarian on Nostr: So, when business is going good, you try to RAISE the price of your product. Supply ...

So, when business is going good, you try to RAISE the price of your product. Supply demand right? Supply limited, demand up, prices up too. So, the FED SHOULD BE RAISING RATES, if our economy is hunky dory right now. So, is the economy good right now? No. Layoffs, slowing business because of inflation. And now, with rates coming down, more demand for borrowing. Oh boy!! Higher demand, get more supply out there, quick!! So, do banks have all this money sitting around? Probably not, but they've got the FED ready to create however much is needed out of thin air. You can expect even worse inflation. We need to get rid of the Federal Reserve System. It is doable.
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