ST Alpha - "Yup, even though this round of inflation has proven that wages aren't a big part of it, he continues to act like wages are the only thing." (Reading a Post)

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In response to "why Jerome Powell is still big mad in one chart -- (link)" by hollywood big shot

Yup, even though this round of inflation has proven that wages aren't a big part of it, he continues to act like wages are the only thing.

Posted by Inigo (aka Inigo) May 2 '23, 05:55

Gotta raise those rates so that wages get down. Don't worry about those inflated prices. That's just healthy profit.

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