Tuesday, November 23, 2010

renew our economy's vigor

FED is going to do 500 billion in buying bonds again. It is the key to bringing down interest rates they say. Hey, it I thought they were already too low as is. Well, they want to renew our economy's vigor. Sadly, this will do nothing to help our economy. Let's face facts, inflation is increasing now. Most affected are food and energy. These are excluded from core cpi. However, you will feel the pinch at the pump. Also, when you enter your local grocery.

2 comments:

Jenny Walks-Riise said...

Do you not feel that controlling unemployment is more important than controlling inflation?

HDRKID said...

Both are important, but most important is putting food on the table as they say. This mean finding a job is more important than a rise in prices.