Who knew?--Inflation Reduction Act was a scam
Streiff:
The Dow Jones Industrial Average dropped over 400 points today on the news that the Fed would raise interest rates by 0.75%, or 75 basis points, for the fourth time in as many months in an effort to throttle back the runaway freight train of inflation that the Biden White House has unleashed on the American middle and working classes. This is despite the momentous achievement that was Biden’s Inflation Reduction Act.
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The Inflation Reduction Act was a fraudlently named spending bill on top of another spending bill, both of which caused inflation. To fight inflation the FED is jacking up the interest rate. So far, it has not been enough to stop the runaway inflation casued by Democrat spending.
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