The hope by the Fed is that the increase in interest rates will choke off some of this inflation. I do not think the Fed is prepared to go as hard as they need to; I think they're underestimating how long inflation is going to be around. Inflation is going to with us and it along with a bunch of other stuff is going to bite Biden in the ass. He might want to have a long conversation with former-President Jimmy Carter.
Posts tagged as “economy”
The down-market will create opportunities for entrepreneurs. Forward-thinking entrepreneurs will have the opportunity to buy a struggling business or fill a market void by starting a new business.
Don’t ask when the next recession will come. Trust me, nobody knows. I can tell you that the consensus — among those who don’t actually know — is at some point in 2020, probably in time to liven up the presidential election.