The federal reserve has announced they will support the economic agenda of the Biden administration by allowing rapid inflation. The FED is trying to provide cover for JoeBama’s economic plan. The era when the FED could impact inflation is long past. However, the Joe Biden policy impact will be clear, immediate and concise. The U.S. middle-class and blue-collar worker are about to be crushed under rising prices for consumable products.
The only thing a communist state succeeds in is spreading misery and crushing its own citizens. The elites (political class)live fairly well. The same thing happens when they pass laws. They never have to live under the laws they impose on everyone else.