Federal Reserve Chair Jerome Powell admitted that he was wrong to expect inflation would be transitory when it started to rise three years ago.
I wonder what clue he and the other asswipes at the Fed missed: that government spending was increasing exponentially, that the Federal debt was spiraling upwards, or that the government was printing ever-more money to pay for government-created Covid-related expenses and social program giveaways instead of paying down the debt?
That’s some college degree you must have there, Chair Guy. You fucking moron.
You’re “wrong”, and we’re being bent over the desk and raped by your mistake every time we go to the grocery store or try to pay down our credit card debt.