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The BLS reports inflation. It doesn't control inflation. The Federal Reserve does affect it with the fed rate, but it's independent, and the chair was elevated
by Kye 4y ago
The BLS reports inflation. It doesn't control inflation. The Federal Reserve does affect it with the fed rate, but it's independent, and the chair was elevated to his current role by Trump, so save the insinuations about this being somehow engineered by Democrats to win the election. I'm no fan of Democrats, but this is absurd.
- Joel_Mckay 4y ago"The Federal Reserve does affect it with the fed rate" In general, it takes some time for this to have any impact on inflation, and in some cases effects may be uncorrelated if markets shift for external reasons. What is a "Democrat", and how is it related to the subject matter? While I can't seem to understand the unjust world theories... I do respect your misguided opinions. Have a gloriously wonderful day. =)