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<blockquote data-quote="Veteran" data-source="post: 2505936" data-attributes="member: 118038">Inflation is running 8 to 9 % on average......Thats for the universe of all goods.....some things have gone up 30 to 50%.The federal reserve is going to take away the punch bowl, the needles, the funny smoke, and your underwear by raising interest rates to 12% this next year.&nbsp;&nbsp; With average inflation running 8%, they will need to hit at least 12% to begin crushing inflation.......but it wont just be inflation they crush.....its gonna be the whole economy.&nbsp; &nbsp;&nbsp; Get ready for a nice big fat recession in 2023.Booms are followed by?Busts.....The cure for high prices is?High Prices....Gunbroker idiots will be eating rice and beans, and all their 300% mark up supplies.Policy matters.&nbsp;&nbsp; You cannot print money like water, and spend 4 trillion here and 4 trillion there, shut down all drilling and pipelines, and regulate producers into the ground and have a stable dollar, stable markets, cheap goods&nbsp; and a smooth running economy.There are consequences for stupid.We are paying now, but will all pay even more later.IMHO recession next year unless Fed is disbanded or stacked by the Communists w cronies......then its Venezuela 2.0,&nbsp; a wheel barrow of 100 dollar bills for a loaf of bread, and leaves for toilet paper....</blockquote>

[QUOTE="Veteran, post: 2505936, member: 118038"] Inflation is running 8 to 9 % on average......Thats for the universe of all goods.....some things have gone up 30 to 50%. The federal reserve is going to take away the punch bowl, the needles, the funny smoke, and your underwear by raising interest rates to 12% this next year. With average inflation running 8%, they will need to hit at least 12% to begin crushing inflation.......but it wont just be inflation they crush.....its gonna be the whole economy. Get ready for a nice big fat recession in 2023. Booms are followed by? Busts.....The cure for high prices is? High Prices.... Gunbroker idiots will be eating rice and beans, and all their 300% mark up supplies. Policy matters. You cannot print money like water, and spend 4 trillion here and 4 trillion there, shut down all drilling and pipelines, and regulate producers into the ground and have a stable dollar, stable markets, cheap goods and a smooth running economy. There are consequences for stupid. We are paying now, but will all pay even more later. IMHO recession next year unless Fed is disbanded or stacked by the Communists w cronies......then its Venezuela 2.0, a wheel barrow of 100 dollar bills for a loaf of bread, and leaves for toilet paper.... [/QUOTE]

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