RaceBoarder
Waiting for the Snow to fly...
Republicans: Inflation is too high, Biden sucks!
< Administration policy adjusts, tightening the money supply. Inflation drops, interest rates go up. >
Republicans: Interest rates are too high! Biden sucks!
I get your point, but at the same time, I can understand how the masses miss the correlation between the two...
For a Joe Six Pack, he's seen his weekly grocery bill go from $100/week to $130-150/week and feels that sting. Now he looks at getting a new vehicle and his payments that were $400/month on his last vehicle are now $500+...
Just like with fuel prices, most people don't understand the mechanics that create them. They just know that Y > X and that they have less money as a result.