You get the government you vote for.

Discussion in 'Non Sun City Related Discussions' started by Josie P, Feb 3, 2024.

  1. Geoffrey de Villehardouin

    Geoffrey de Villehardouin Well-Known Member

    HH, what controls inflation, the basic law of economics, the law of supply and demand. The Feds try to control inflation by raising or lowering interest rates. Unfortunately I disagreed with the Fed raising interest rate a couple of years ago. The real inflationary problem was supply chain issues. That was a problem that was cleared up in a little over a year. The Fed by raising rates choked businesses that wanted to expand after the pandemic as well as people wanting to purchase homes. Now we still have high rates which has had an adverse on homes and business expansion. There was also the bird flu a couple of years ago where around 500,000, 000 chicks were destroyed and recently there was an outbreak in Iowa where 1,000,000 chickens had to be destroyed. There were problems with not enough workers to harvest crops. Gas prices are governed by the buying and selling gas future contract both on the NY Mercantile Exchange as well as the Chicago Mercantile Exchange. The President be it Republican or Democratic has little or no control over these markets.

    This is my opinion and for the record I only took Macro Economics but my roommate took Agricultural Economics and we traded info and discussions.
     
  2. Josie P

    Josie P Well-Known Member

    Who are you talking to? Do you shake hands with imaginary people too? Do you actually think I care what you have to say? Just keep on embarrassing yourself. It's entertaining.
     
  3. Geoffrey de Villehardouin

    Geoffrey de Villehardouin Well-Known Member

    HH, I read a lot which apparently you have a non exclusive relationship with.

    Will you be leaving soon?
     

Share This Page