Thursday, June 23, 2022

Fed’s Jerome Powell to Head to the House With Interest Rates in Focus Central-bank chief has signaled a new 0.75-percentage-point rise is possible in July to fight inflation

 

I do not get these interest rates;

they're high because inflation

threatens to engulf us

as a people and a nation?

Excuse my economics, please,

but that is Greek to me.

My finance chops are shaky,

but it seems a fantasy.

Rather, let the Central Bank

it's assets give away --

so we can squander it at will

with one more big payday.

And then we all can live in tents

and vinyl records play.

No comments:

Post a Comment