Democrats Are Getting Very Nervous About
the Fed's War on Inflation
PJ Media,
by
Rick Moran
Original Article
Posted By: Dreadnought,
12/15/2022 7:09:16 PM
Sen. Elizabeth Warren (D-Mass.) is mad at Federal Reserve Chairman Jerome Powell after Powell announced that the Fed was going to raise interest rates another half a percent. “He’s pushing hard to get more people fired because he thinks that is one way to help bring down inflation,” Warren told HuffPost on Wednesday. “But it’s sure painful for the families who lose their jobs.”
Yes, it is painful if you lose your job. Perhaps Warren’s boss, Joe Biden, should have thought about that before pouring $5 trillion into the economy,
And it’s not only Powell who thinks this is “one way to help bring down inflation.” It’s every
Reply 1 - Posted by:
Lawsy0 12/15/2022 7:11:22 PM (No. 1357654)
If Fauxcahontas really believes that is true, then she is even dumber than we thought.
16 people like this.
Reply 2 - Posted by:
janjan 12/15/2022 7:24:23 PM (No. 1357659)
What do the Democrats have to be nervous about? We just had a midterm election and voters had the option to stop the bleeding. They chose to get more of the same.
36 people like this.
Reply 3 - Posted by:
downnout 12/15/2022 9:17:58 PM (No. 1357730)
Economics 101: Inflation is caused by too much money chasing too few goods.
How hard is that to understand?
17 people like this.
Reply 4 - Posted by:
Californian 12/15/2022 9:45:14 PM (No. 1357745)
2, voters didn't choose the Democrats. The people counting the ballots did.
38 people like this.
Reply 5 - Posted by:
smokincol 12/16/2022 12:53:15 AM (No. 1357847)
Elizabeth Warren???!!! - since when did she ever give a hoot about anyone but herself?? - oh, that's right she doesn't care about anyone losing their job, jsut about her losing her job "but, but, but, but" she's a Massachusetts demcommie and they NEVER lose their jobs
Powell did say a couple of times in referencing the good times under our President that we should return to those days(I paraphrase, of course)
10 people like this.
Reply 6 - Posted by:
DVC 12/16/2022 12:56:53 AM (No. 1357851)
The Demonrats are doing everything that they can to INCREASE inflation.
And the Fed is working to stop inflation. Their only remaining tool is to decrease the money supply by suppressing loans, since the criminal idiots in Congress have created $4+ trillion new money from thin air with their handout bills. So, the Fed has to get rid of about $4 trillion, and they can only do this via making people unwilling to borrow .....$4 trillion less borrowing, or thereabouts.
It will NOT be painless. I'm already down a LOT in my retirement account.
17 people like this.
Reply 7 - Posted by:
mifla 12/16/2022 4:41:59 AM (No. 1357897)
FTA: "But it’s sure painful for the families who lose their jobs".
Like the Keystone Pipeline workers, Liz? Don't remember you being upset about them.
24 people like this.
Reply 8 - Posted by:
Petronius 12/16/2022 7:42:33 AM (No. 1357969)
Democrats have run the country into the ground in a few short years with their idiotic policies.
Now they are looking for a scapegoat.
17 people like this.
Reply 9 - Posted by:
Heil Liberals 12/16/2022 8:48:52 AM (No. 1358045)
No, they are not getting nervous.
They know exactly what they are doing. This is part of the plan. After all, who does elevated interest rates affect the most?
10 people like this.
Re: No. 1; (no reason to read any further!!
Warren is as useless as a $350,000 per year law teacher that was a lousy excuse as a professor.
What a piece of useless cow dung!!!
11 people like this.
Reply 11 - Posted by:
Zigrid 12/16/2022 11:10:11 AM (No. 1358198)
Nothing Pocahontas says interests me...she is a bought and paid for politician of the worst kind...a hypocrite that talks out of both sides of her mouth...no wonder the American Indian community wanted no part of her lies....the war drums are calling you honey...better stay close to schummer.....the senate may need you for your vote...but Americans are through with you....
7 people like this.
Reply 12 - Posted by:
HRJUNIOR 12/16/2022 12:04:47 PM (No. 1358235)
#1, she is far more stupid than most people knew.
4 people like this.
Reply 13 - Posted by:
mc squared 12/16/2022 12:18:31 PM (No. 1358244)
War on inflation? LOL. The Democrats CAUSED it with profligate spending and printing. Some of the smarter ones KNEW this would happen. Meanwhile, I can hear the Government printing presses running day and night.
4 people like this.
Reply 14 - Posted by:
rikkitikki 12/16/2022 1:41:05 PM (No. 1358301)
#1, #12: While Fauxcahontas' words are stupid on their face, there's another possibility: she's smart enough to know better, but because she's willfully evil, she's chosen the Dark Side.
2 people like this.
Reply 15 - Posted by:
Luandir 12/16/2022 1:56:42 PM (No. 1358306)
About the "easing" of inflation: if I punched you in the nose eight times last month, and seven times this month, how much of an improvement is that?
5 people like this.
Reply 16 - Posted by:
crashnburn 12/16/2022 3:38:27 PM (No. 1358365)
A few thoughts. Inflation of 7% is on top of 8% inflation. Because of compounding, it's worse than 15% in two years.
The DemoiKKKRats stole the last two elections so they own the economy regardless of their denials.
Paul Krugman is wrong about so many things I won't be hopeful until he admits we're in the midst of stagflation
2 people like this.
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