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SHOCKED! I tell ya, I’m absolutely shocked!

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    #1

    SHOCKED! I tell ya, I’m absolutely shocked!

    The Federal Reserve Bank is San Francisco states in a recent study finding that Federal overspending and general “throwing money at a problem” (my words, not theirs) is likely the cause of our current inflation 🤯

    Government spending to blame for inflation spike, San Francisco Fed study says
    https://www.foxbusiness.com/politics/government-spending-inflation-spike-san-francisco-federal-reserve
    Researchers at the Federal Reserve Bank of San Francisco say that massive government spending during the pandemic has caused U.S. inflation to surge more than in other developed economies.


    Who woulda thunk that pumping the economy with unnecessary capital would have caused inflation and a general devaluation of our Dollar?
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    #2
    Originally posted by Playa View Post
    The Federal Reserve Bank is San Francisco states in a recent study finding that Federal overspending and general “throwing money at a problem” (my words, not theirs) is likely the cause of our current inflation ��

    Government spending to blame for inflation spike, San Francisco Fed study says
    https://www.foxbusiness.com/politics/government-spending-inflation-spike-san-francisco-federal-reserve
    Researchers at the Federal Reserve Bank of San Francisco say that massive government spending during the pandemic has caused U.S. inflation to surge more than in other developed economies.


    Who woulda thunk that pumping the economy with unnecessary capital would have caused inflation and a general devaluation of our Dollar?
    Lol not a democrat for sure. It's an experiment that has been tried throughout history that usually always ends in a currency collapse, but that's the hubris of an intellectual, socialism will work if "THEY" try it, the other times they just didn't do right. lol

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      #3
      LOL @ "likely"

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        #4
        They didn't need to waste their time on a study for that. Pump trillions and trillions of dollars into the system chasing a shrinking pool of goods and prices go through the roof. Its simple supply and demand economics.

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          #5
          Originally posted by Throwin Darts View Post
          They didn't need to waste their time on a study for that. Pump trillions and trillions of dollars into the system chasing a shrinking pool of goods and prices go through the roof. Its simple supply and demand economics.
          I saw 10' 4" white PVC pipe at $55 a joint a few days ago!!!!!!

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            #6
            This was no accident or lack of knowing what they are doing. The talking morons are doing exactly what they are being told and paid todo.

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              #7
              New world order cant happen with out first destroying the American economy and any hope lft in the hearts of the American people

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                #8
                How much did that study cost?
                SMH

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