blunterlotus t1_j0znqd3 wrote
Yup been calling it for years as soon as we started paying people to stay at home and then Biden firing up the printing presses and spending trillions inflation was inevitable. Recession wise so far looks like a soft landing but I would not be surprised if it was a hard one.
kaji823 t1_j0zuh50 wrote
Most of our inflation during this recession were due to supply side issues and corporate price gouging, not supply side excessive spending. Covid choked supply chains and the war in Ukraine hurt oil prices and world food exports.
garnett8 t1_j0zp24j wrote
You know Biden isn’t Jerome Powell right?
blunterlotus t1_j0zpktv wrote
Jeromes cleaning up grandpa's mess that's all.
garnett8 t1_j0zq5be wrote
Well I think it’s a little unfair to blame Biden for JPOWs money printer. I do like QT though, we really need that and to continue it.
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