https://www.fidelity.com/news/article/top-news/202209251132RTRSNEWSCOMBINED_KBN2QQ0BE-OUSBS_1
Considering most of us are already being squeezed and hurting somewhat, I’d say the title of the article is close to its past due date 😊
One of the fun things of being a lay-person in re to an esoteric topic, like the effect of Federal Reserve actions and statements about folks in my fiscal strata is – long as I’m upfront it’s just my opinion – I can say how things appear from my socio-economic perspective.
Like how I see the idea of my spending habits be the “preferred” inflation causing gauge.
Don’t like it.
Or, that 100,000’s of folks losing their jobs, ie, ability to care for themselves or families, is an acceptable price to pay to bring inflation down.
Ditto.
And yet sacrificing windfall profits isn’t an acceptable price to pay.
Nor that our worldwide climate disaster of undrinkable water and unbreathable air and diminished food supply is, in the mass media at least, ignored as the current primary driver of scarcity of food and energy to heat and cool – including the resultant inflationary costs….
So it’s encouraging to read the words and concerns expressed by Mr. Bostic. Here’s an excerpt :
How deep and enduring a slow down is needed – and the job losses that might entail – remains a matter of debate, with Fed officials continuing to argue that companies will be unlikely to lay off workers that have been hard to hire during the COVID-19 pandemic.
https://www.fidelity.com/news/article/top-news/202209251132RTRSNEWSCOMBINED_KBN2QQ0BE-OUSBS_1
What we need now is, a plan that includes all of us….
Stay well everyone! Stay cool 😊
Adan
My inflation & other related posts can be seen at –
https://felipeadanlerma.com/?s=Inflation+
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I support passage of The Voting Rights Act 🙏❤️😊
Adan
Voting, in our democracy, is the purest form of expression.
Dissenting, affirming, protesting –
– all flow through the form of the ballot, not, the bullet…
Stay well everyone – for oneself, and for those who need us most..the children….
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See & Buy My Art 👩🎨 🎨 ❤️
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My Related Posts Here On My Blog
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My Latest Posts On My Website!
- My 1st blog post since August this year (2025) – Like starting new!“My plan, my hope, is to keep this, my original layin, produce a new 2nd similar layin but add a content color layin; keep it; then repeat the steps with the two formative layers and see what finished product I might produce – 3 works total”
- Poetry and Art 2025 : 1st Wings 2025 8×10 – by Adan – @SaatchiArt 😊Excerpt from my original poem for 1st Wings — “teasing smiles from her wide eyes as trembles aches stretched sweet like taffy….” – Adan –
- Poetry and Art 2025 : Scratches Made Whole 11×14 2025 – by Adan – @SaatchiArt 😊“she felt herself in pieces gathered her sharp edges slowly – – her smoother edge moments gingerly in a dance of yes and no” – Adan –
- Thrust 2025 11×14 Fearless, With Hope, Through the Chaos – by Adan – @SaatchiArt 😊“Ancient earth tones touched her feet swam underneath her skirt brushed her skin with raw silk cells” – Adan –
- Poetry and Painting – Thrust 2025 24×36 Into the Void – by Adan – @SaatchiArt 😊“Leaping thrusting herself into the void of life’s light” – Adan –
- Poetry and Painting – Thrust 2025 24×36 Whispering – by Adan – @SaatchiArt 😊“Leaping thrusting herself into the void of life’s light” – Adan –
- Painting in Focus – Summer 2025 @SaatchiArt – Seasonally Off, Emotionally On…much of this whole write-up about Summer 2025, I discovered while writing this very post – a very similar creative path I experience painting. That’s part of what the creative effort does for me – helps me make sense of things I feel but can’t yet explain.
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Thanks again, everyone! 😊
Adan
Twitter / Instagram / FB @FelipeAdanLerma
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