Why the Federal Reserve Can't Manage the Inflation

There's nothing democratic about an inflation. The only thing you might call democratic is who suffers the most from it. Because the employers can raise prices to offset their extra prices they face. Workers are never in a comparable position to do that. That's why, to day, the inflation is eight and a half %. And the rate of increase of wages so far 20 22, about four % a year. Not even close. This is whining by people who don't want to square with us. They're raising prices because it enhances their profits.