The DEMOCRAT destruction of your life continues

[Legion]

[Legion]

[Legion]

[Legion]

Very, very unlikely DEMOCRATS can tame inflation without sparking recession



“The chances of pulling this off are very, very low because they have to push up the unemployment rate,” Bill Dudley, the former president of the New York Federal Reserve Bank, told CNN.

History is not on the the regime’s side.

“In the past, when you’ve pushed up the unemployment rate, you’ve almost never been able to avoid a full-fledged recession,” Dudley said.

“The problem the Fed faces is they’re just late. That’s why soft landings are so difficult to pull off,” said Dudley, who led the New York Fed from 2009 until mid-2018. “By the time you know you’ve overdone it, the next thing you know, you’re already in a recession.”

https://www.cnn.com/2022/05/03/economy/recession-inflation-fed-bill-dudley/index.html