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by mghfreud
1632 days ago
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Right, but at least they said they know there is a problem and they will address it.
It is not like how it is in Turkey where they said “inflation is high, let’s decrease it by printing far far more money and decreasing interest rate further”. |
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And they are still claiming government spending trillions is not the cause, and will not create new inflation..
So no, I dont believe they have acknowledged the problem at all, nor are they really going to address is. Sure the fed says they will wind down their buying, and signaled they might raise interest rates VERY VERY VERY minimally, they are acting as if demand caused by supply chain issues is the root cause
It is not