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Drudge Retort: The Other Side of the News
Wednesday, January 08, 2025

Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump's policies could have ...

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Federal Reserve officials saw need for 'careful approach' to future rate cuts https://www.ft.com/content/d4d2ee21-f124-48bb-ae38-983ac159b470

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-- Financial Times (@financialtimes.com) January 8, 2025 at 2:28 PM

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Sounds like a problem for-----Super Orange Man!

I'm sure that he will get right on it.

#1 | Posted by Zed at 2025-01-08 05:14 PM | Reply

Sounds like a job for Super Musk!

Faster than a speeding bullet train in an Undersea Continental Tunnel. More powerful than an Emperor King. Able to leap to Mars in a single bound!

Just be sure to get X Money code on your arm or forehead today!

#2 | Posted by Corky at 2025-01-08 05:22 PM | Reply

It's a given that the bankruptcy-prone dotard is going to crater the economy again

#3 | Posted by reinheitsgebot at 2025-01-08 08:02 PM | Reply

Sounds like a problem for-----Super Orange Man!

I'm sure that he will get right on it.

#1 | POSTED BY ZED AT 2025-01-08 05:14 PM | REPLY: Actually it is a problem for We The People as it eats away at the value of our hard earned dollars.

BTW: There is not quic fix for this as even Reagan's administration took a couple of years to get the Carter inflation under control. Of course many of you here are too young to realize how bad it was back then.

#4 | Posted by MSgt at 2025-01-08 08:16 PM | Reply

This is a problem that's origins goes back decades. It's not going away.

#5 | Posted by BellRinger at 2025-01-08 08:36 PM | Reply

Simple fact: If the Federal Government takes in less revenue in taxes than it spends; the dollar loses value wgich which we refer to as inflation. Trump and Shadow President Musk have already told us the plan to slash taxes on the wealthy and rich corporations. whivh was the cause of the recent inflation. So, if you like inflation then you'll love the Musk/Trump economic plan. The Federal GovernmenrT will pAY ITS bills whether or not if they raise enough taxes to do so and when rhet dob't the dollar i sartificially inflated in value but commodity prices are calculated to preserve the value of those commodities in reduced value dollars. Sellers of commodities cans till sell their connodities for full value but the dollars they recieve in payment will be worth less in real value.

#6 | Posted by danni at 2025-01-09 12:46 AM | Reply

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