I wish they would poll the public and see if they want the value of their saving diminished. They are incompetent govt shills. I take that back they are competent in that they are serving their money masters well, in that the govt is the prime beneficiary of inflation as it erodes the value of their massive debt.
I'd like to ask Powell a simple question. What is the cost from a 1% increase in the inflation rate and who do they think pays it