Don't be like the enemy- remember who to blame
(media.greatawakening.win)
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The Fed tries to control inflation and does a terrible job of it. They get to screw the middle class either way.
The real cause of inflation is money for nothing. It can come from different sources, but government is the largest contributor by far. Free money and services to illegals and NGOs are a huge source right now. By subtracting them, Trump is keeping inflation down, even with about $3T of investment coming into the country.
Local banks can create inflation, too. When they decide to lend money they are effectively "printing it".
They can, and certainly lending has to stop and repayments be cancelled.
But inflation rates are literally set by the federal reserve
The Fed will set an inflation target but they do not set inflation directly.
When inflation is above their target, the Federal Open Market Committee typically raises rates to cool the economy, making borrowing more expensive, which reduces spending and demand, thereby helping to lower inflation.
The scarf