TheDeeble
Guy on the Couch
- Joined
- May 6, 2007
- Messages
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Rest assured that whatever is the best course of action to remedy our financial woes, the fed govt will do the opposite.Historically, the Federal Reserve raises interest rates during inflation to slow the economy. I don't know how the Fed can do that now. The interest payment on our national debt is not something the government wants to see increase. Also, a slowed economy could be dangerous as we are still impacted by a post Covid world.
The road ahead is more uncertain than anything I remember from the road behind me.