The National Forum   Donate   Your Account   On Line Opinion   Forum   Blogs   Polling   About   
The Forum - On Line Opinion's article discussion area


RSS 2.0

Main Articles General

Sign In      Register

The Forum > Article Comments > How the budget deficits caused US inflation > Comments

How the budget deficits caused US inflation : Comments

By Michael Knox, published 11/5/2022

Fiscal deficit minus GDP gap equals inflation. Now the Fed must control the damage

  1. Pages:
  2. Page 1
  3. All
Trump created this problem by ordering the Fed bank to hold rates down and then continuing to ramp up record debt as pump priming to created record economic growth. The growth came but not the checks and balances to put a lid on inbuilt inflation.

Energy prices are a factor, but given the U.S. is a net energy exporter, not so much.

Inflation could be killed in its tracks with the transition to MSR thorium nuclear energy and retail power prices as low as 3 cents PKWH.

Let's hope the bone heads and the energy barons with their checkbooks are sidelined, as this proposal gets a nod from those with an operating moral compass and still able to use the brains they were born with.
Alan B.
Posted by Alan B., Wednesday, 11 May 2022 10:44:51 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
  1. Pages:
  2. Page 1
  3. All

About Us :: Search :: Discuss :: Feedback :: Legals :: Privacy