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• Source: Unknown Source
clear, people i respect like stan, the same thing, this was not transitory. this was a real serious case of inflation. we lost a whole year on addressing the issue. only because frankly we have leadership today in america that isn't willing to admit when they're wrong. they made a terrible blunder here. now the price has to be paid. if you want to get inflation back, you want to benchmark, you will need interest higher than 8.5%. the other thing as is we have exacerbated the problem. for example, the energy issue in america. we didn't have to be deficient like we are. by now, that pipeline would be almost complete. now biden is blaming the oil companies? this is a disgrace.