We're getting the recession we should have had in 2020-2021 as a result of the crippling lock-downs. The FedGov (and governments around the world) papered that over by borrowing a bunch of freshly printed money, which created demand for things, but no supply and thus made inflation inevitable.
Inflation's Fall Has Little To Do With Interest Rates
the privately owned "federal" reserve /becoming/ irrelevant?
they've always been irrelevant. just another means to devalue the fiat currency and shift money to the already rich.
We're getting the recession we should have had in 2020-2021 as a result of the crippling lock-downs. The FedGov (and governments around the world) papered that over by borrowing a bunch of freshly printed money, which created demand for things, but no supply and thus made inflation inevitable.