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applegrove

(118,577 posts)

1. Plus the GOP has wages frozen somehow to fight inflation. As is the case

Reply to Yo_Mama_Been_Loggin (Original post)

Sun Jul 29, 2018, 02:51 PM

Jul 2018

Last edited Sun Jul 29, 2018, 04:34 PM - Edit history (1)

in the last 55 years the poor and middle class fight the wars (in vietnam, now on inflation) while the rich don't have any skin in the game in fighting inflation (high interest rates slow the economy which hurts rich people too so the rich don't like fighting inflation that way, but someone has to because inflation hurts the value of rich people's money).

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Trump is pressuring the Fed to keep interest rates low. Nixon did it -- and damaged the economy [View all] Yo_Mama_Been_Loggin Jul 2018 OP

Plus the GOP has wages frozen somehow to fight inflation. As is the case applegrove Jul 2018 #1