General Discussion

So, okay - we've been hearing about the inflation factor for a while. I won't deny that prices at the grocery store have been ridiculous. Not on every single thing but enough that I've laughed out loud when I go shopping on many occasions.

But, when I hear the "Random Person" interview, I get frustrated that the so-called interviewer just accepts it as fact and doesn't do any follow-up.

What does the "RP" expect the federal government to do about the price of eggs/bread?

Does "RP" think the federal government controls the prices of these items? Think USSR, I guess? (and Nixon's temporary wage/price freeze in 1970? The oil embargo and odd/even gas days?)

Does "RP" believe in capitalism? The scarcity model? I assume yes. Until they don't and want a magic wand?

All that said, I remember the 1970s (as mentioned above) and yes, the Feds went really high on interest rates then too, trying to combat inflation. Read up on Volker and his intereste rate hikes and have that heart attack!!

A short-term memory and low information is a wonderful thing.

But hey, the US is kicking economic ass, unemployment is low, 401Ks are generally doing well, and we are the envy of the world but no, we can't have nice things. Like a qualified woman president. Housing and Rent? Yeah, off the charts. No argument. But again, scarcity. And a very local problem, not a Fed problem, in my opinion. I live it every day in Fairfax County. "Build more housing!" "NO! I'm sick of traffic and construction" On and on.

Rant off. (But Trump will fix all this, right?!)