BuyDem Appreas to Recognize a Specter

Posted by $ Thoritsu 3 years ago to Economics
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It seems as if sleepy, bloody Joe has recognized the likely negative reaction to his awesome economic policies. Rather than address them directly, he seeks to "paint over rust" and manipulate the rules with the Fed, and by releasing 3 days of oil from our strategic reserves (see second link below). Fixing poor economic policy to keep the negative response at bay to one's administration, is NOT the purpose of these reserves. But, why should any limits trouble the totalitarian in chief?

https://www.theepochtimes.com/mkt_bre...
SOURCE URL: https://www.theepochtimes.com/mkt_breakingnews/powell-promises-to-use-feds-powers-to-prevent-higher-inflation-from-becoming-entrenched_4119480.html?mktids=8d58fff1e1960ad6ebc8a357a45278af&est=Sa41kjKKxhf4MRMMjbwTo7HNGQtDeWyUITQp3qA19bXUmZUVcoQHNG2BHgRdIuo%3D


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  • Posted by $ 25n56il4 3 years ago
    If he has the power to turn on the spigot, why was it turned off in the first place? Did he ever give an explanation as to why the Pipeline was shut off, other than 'global warming?' He is playing games with our economy. I am not amused.
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  • Posted by $ 25n56il4 3 years ago
    Fifty billion barrels he wants released. Well, he broke it. He better fix it. I'll bet gas doesn't go down 5 cents with his little act. Some idiot will find a way to buy it all. It will get lost in the refineries.
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