I lived through that period…and this time reality seems to be evading those who are supposed to be putting inflation under control. They are manipulating the data, creating diversions for what is causing the problems and continue to get further behind the curve…How much of that sounds like they are dealing with inflation?
Mostly, how is it they are supposed to deal with this situation, when they are blaming Russia for something they began over a year ago? Seems kind of lame in my book.
If you can’t deal with the issues at hand, how is one supposed to come up with a plan to resolve the problem? reality is going to rear its ugly head and bite these FED clowns in the Arse.
h/t silvertomars