Economist Mohamed El-Erian says most inflation ‘could have been avoided’ if Fed acted earlier

Conservative Economist Larry Kudlow warned since last Apring 2021 and definitely last Fall once 3 trillion dollars and stimulus was approved. Larry Kudlow is on Fox Business Channel 113 on Sirius XM Radio in your vehicle or you can download the app on your smartphone

Larry Kudlow often has Economists from all political Persuasions discuss the silliness of this Administration.

The Federal Reserve was asleep at the wheel. Also, Economist Larry Summers ,who worked for President Obama, put a couple op-ed stories late last year and this year warning this was about to happen and has been discussing it lately.

Federal Reserve chairman Janet Yellen admitted she made a mistake but yet she still with the Federal Reserve.

Usually people who make mistakes in the administration are told to resign.

This Administration,for some reason, never wants to shake anything up and they end up rewarding bad behavior.

One stockbroker describes why the market is going down because they have no trust in the FED. They think the Federal Reserve is like Mr. Magoo driving his car even though he can't see past his hood and they are afraid he's going to hit a tree because he's driving blind.

The same Administration wants to raise taxes which goes against the supply-side economics of JFK, Ronald Reagan, President Clinton and President Trump. This government doesn't believe in economics and finance 101.

Having price controls doesn't work either. I was a kid and I remember this under Ford and Carter. Prices kept going up and there were shortages and Ford and Carter were both one- term Presidents.

As a undergraduate in International Business, I can't believe the stupidity of this Administration and the lack of Common Sense. Bill Clinton lowered taxes and almost balanced the budget back in the late 90s.

President Biden says this is not your father's Republican party, and I can say the same thing, that this is not your father's Democratic Party either.

Many Financial analysts say to keep 50% of your money in cash and not in stocks because the prices are going to keep dropping.

Putin's prices is not the whole thing. 50% of the price rise and stock market fall was caused by President Biden and his administration not doing their due diligence.

The classic description of inflation is too much money chasing too few goods. Be grateful that senator manchin of West Virginia prevented a second build back better part 2. Covid relief bill and the first stimulus bill is what's at the pilot light for today's inflation even before so-called Putin's prices in addition to the oil problems we have causing inflation prior to the invasion of Ukraine.

In the meantime, rampant inflation and this will just add more people to vote Republican because the Cavalry is coming in November.