May 19, 2021
In 1930 Pres. Hoover called the great business minds to gather in Washington D.C. There job was to sort out and find a solution to the Great Depression that was DEAD AHEAD. Their answer was not to worry. It was only TRANSITORY. Almost a century later we are hearing the same words from the Fed and the White House. "Don't worry, INFLATION is only TRANSITORY."