• CaptainSpaceman@lemmy.world
    link
    fedilink
    arrow-up
    2
    arrow-down
    5
    ·
    2 months ago

    The fed prints money like mad for 2 years and you think inflation hasnt runaway?

    The fed is owned and operated by the biggest banks in the USA, they look after their own self interests and we should abolish the central bank immediately (just like the founding fathers wanted)

      • CaptainSpaceman@lemmy.world
        link
        fedilink
        arrow-up
        1
        arrow-down
        1
        ·
        2 months ago

        Trump had nothing to do with the 4T bailout the Fed gave to major banks (read:itself) in late 2019.

        They dont need apprval to print money, they do what they want.

    • jeffw@lemmy.worldOPM
      link
      fedilink
      arrow-up
      2
      ·
      2 months ago

      Inflation was high for about a year. That’s a hell of a lot better than other times in history and in many other places today