Re:Core US Inflation Rises to 40-Year High, Securing Big Fed...
by nostromo on Thursday October 13, 2022 @02:58PM
(#33195017)
States have been spending printed money nonstop since 2020.
Federal Reserve buys treasuries -> Federal Government hands trillions of borrowed dollars to state and local governments as “Covid relief” -> States spend well beyond their means.
Federal Reserve buys treasuries -> Federal Government hands trillions of borrowed dollars to state and local governments as “Covid relief” -> States spend well beyond their means.