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For those that think the Fed is your friend or savior
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FA11
Posted 7/6/2022 00:03 (#9735935 - in reply to #9735198)
Subject: RE: For those that think the Fed is your friend or savior


Never thought the Fed was my friend or savior

But I don't think they are responsible for trying to personally ruin me either. Eight months ago they came out and stated that rates were going up and would continue until inflation was pushed out of the economy, at some point one needs to take responsibility for ones self and quit looking for someone else to blame.

It's funny how the Fed was thrown a steaming pile of pandemic that the leadership of this country did not want to deal with and was told fix this, they went about doing what they felt was the best for the country.

Was it the best thing for this country in the long run NO , but they didn't have the luxury of waiting out the pandemic and the politicians while they blamed everybody else and let things fall apart.

So now we have what we have, but seriously we have not even got back to normalized interest rates and people are running around like chickens with their heads cut off.

Tells me farm country might be sitting on two much debt.

Edited by FA11 7/6/2022 06:22
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