The Fed Is Wrong: Inflation Is Sticky

The Fed's god-like powers will be revealed for what they really are: artifice and illusion. The Fed is wrong: inflation isn't transitory, it's sticky, and there's nothing the Fed can do about it. They might as well stand on the shore and order the tide to reverse.
 

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William K. 1 month ago Member's comment

"Transitional" means "not permanent", it does not mean short lived. Quite a large difference there. Certainly it is sticky and hard to remove, though.

The intrinsic flaw is that the fools keep offering an explanation that some people believe. Is there a solution? During the rebuild, after the total collapse, when a new arrangement is being created, there needs to be limits set on the existence of such as the federal reserve bank, and the assurance that anyone who wants constant inflation be forever banished from all financial business activity.

The problems with the approaching collapse will reduce the population quite a bit, and so whhatever remains will be different from what we see now. I certainly hope it will be better.