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They have never seen, let alone deal with, such a massive spree of government money printing and growth in money supply in history. It looks like Mt. Everest grew from a flat plain overnight and it isn't going away. In other times this kind of interest rate hike should have smashed the economy but it has not. The FED really has no ideas what to do now. The FED is floundering. Money supply shrunk just a little bit but it is growing again. We have also never seen Money supply this volatile.

Covid and Biden have created an unprecedented plateau in money suppy and an equally never before seen volatility. We are in new territory and we will not find our way back home for a very very long time. The markets are treading water and there are no life rings being thrown. You can't tread water forever. Neither can you cook the books against recession as has been done by Biden forever or even very long. The money floating around has little value. Even if your portfolio is even with EOY of 2021 you have taken at least a 20% haircut from just inflation.

Bidenomics is just so much horseshit and fairy dust.

I am surprised that posts on Free Republic rarely mention the massive Covid era spending approved during the Trump Administration.
Oh yah! Pelosi controlled the Congress. Faw Chee controlled the mask messaging. But if one were to truly consider the amount of spending that began in March of 2020 ... well that would be a more balanced presentation.
That walking bonehead of a resident from Delaware would have much for which to answer, if he was coherent and responsible.