Re:The Federal Reserve is expected to increase interest rate...
by sokoloff on Wednesday March 22, 2023 @05:04AM
(#35258535)
If he'd said "we cannot control the weather, what we can control is helping Ukraine", would a subsequent rainy weekend also maybe be a sign that the war is being lost?
Re:The Federal Reserve is expected to increase interest rate...
by Panzer04 on Wednesday March 22, 2023 @05:05AM
(#35258538)
Sounds like a bit of a cop out. Governments certainly can control all of the above, but it means making significant adjustments to either spending or taxation, both of which tend to be unpopular changes.
The war in Ukraine will turn into a rounding error as Russian gas is replaced by alternatives.
"We in West cannot control economy and inflation, what we can control is to go on with helping Ukraine, so we will do that."
High inflation is maybe a sign that war is being lost.