Nothing stirs politicians into action more than a loss in public confidence…especially with an election coming. Currently, food and fuel inflation is contributing to disenchantment. The fact that policies the politicians themselves have brought about are responsible for the inflation is lost on them. In response to sinking poll numbers they go into scramble mode, looking for political quick fix buttons they can press. The problem is that quick fixes often work in the short run, but create problems in the long run; in this case, more inflation. It’s a shame, but the system operates by applying political quick . . .
Continue Reading: Eye on Washington: Oil and Food Price Manipulation
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