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
My Related Amazon Affiliate Search Products
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My Latest Posts On My Website!
- Painting in Focus – Tender is the Night circa 2024My painting in focus is a once a week peek at a work I feel esp inclined to revisit this week 😊❤️🙏
- My home studio view 03.03.24Each week I’ll try and update the image of the space I’m working out of; should be fun seeing when I’m traveling or laid up, lol! 😊
- Painting in Focus – Tender is the Night circa 2024My painting in focus is a once a week peek at a work I feel esp inclined to revisit this week 😊❤️🙏
- My home studio view 02.25.24Each week I’ll try and update the image of the space I’m working out of; should be fun seeing when I’m traveling or laid up, lol! 😊
- My home studio view 02.19.24Each week I’ll try and update the image of the space I’m working out of; should be fun seeing when I’m traveling or laid up, lol! 😊
- My home studio view 02.11.24Each week I’ll try and update the image of the space I’m working out of; should be fun seeing when I’m traveling or laid up, lol! 😊
- Poster sold! – Easy Stroll Poster circa 2022 – February 04, 2024 via Bee Cave Art FoundationWell my plans to post about a recent 16×20 figure work I finished this past week are gently altered by the good news that my 2020 5×7 watercolor, At Rest With Nature sold!
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Thanks again, everyone! 😊
Adan
Twitter / Instagram / FB @FelipeAdanLerma
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Fine Art America (FAA, Pixels) – https://felipeadan-lerma.pixels.com/
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