Agree with the good Captain.

There is a lot of piling on, everybody clamoring for more.

Every business and worker wanting to raise costs...and the Fed lagging in its efforts. They don't appreciate the fact that interest rate hikes frighten the stock and bond markets immediately, but don't work against pricing of goods and services except in an indirect and delayed way.

And, of course, the Fed, while knowing the consequences of spending and having to buy the paper itself to sustain the spending, is not allowed to talk back to Congress and the White House to try and curtail the spending. And the giveaway politicians simply want to buy allegiance and votes.

Larry