tempestk on Nostr: I cannot believe how stupid the people who are in charge are. Inflation is still ...

I cannot believe how stupid the people who are in charge are.

Inflation is still extremely elevated, and the fed continues to try and fight it by raising rates, even tho it doesent seem to work. They are just causing people to have an even harder time. High inflation + cost of debt going up. So stupid

And now hes telling congress, dont worry, i got this, i will just raise rates a bit more.

And then congress is like ok, great, then we dont have to do anything. So stupid