RE:Blow out Jobs numbersInteresting contrast. Job #'s are good and economy firing well so Fed is unhappy.
They are happy when everyone is hurting with high interest rates, high debt and high
levels of unemployment. Their fixation and obsession with inflation does not reflect
the reality of peoples lives. Being employed is more important for most people than
being sacrificed on the Feds altar for inflation.
That said, food prices are sticky and not responding to lower energy prices. Biden
had no problem targeting oil and gas for excessive profits yet is completely silent
about the food industry profiteering. I guess it doesn't fit into his green agenda. I'm
seeing many seniors and others putting aside items at the cash register that they
can't afford to pay for. Its very sad. In the US many food stores in poorer areas had to close because of out of control theft.