I do think the recession will hit and mitigate inflation somewhat. Between the two vices, the People prefer recessions to inflation.
I do think the recession will hit and mitigate inflation somewhat. Between the two vices, the People prefer recessions to inflation.
They prefer recessions because unemployment only happens to other people
rob portman used to think this about gay offspring. used. to.
Yes. This was their calculation in the pandemic too.
If ti becomes deflationary, which it might not, everyone will suffer, including the reserve status of the dollar
These are good points. Unfortunately the median voter doesn't know what any of those words mean
Yes, but they will now what the pain means
Isn’t that recency bias from significant inflation having more recently been an issue than significant recession (the Covid recession was successfully prevented from being devastating by strong fiscal policy)?
Good thing the admin is careening to stagflation - get the haves and the have nots
They prefer recessions as long as they aren’t currently in one
Ehhh it's all fun and games until your Robinhood account is like -$530k