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Message
Forbes: Inflation Will Lead Inexecrably To Recession
Posted on 5/23/22 at 6:11 am
Posted on 5/23/22 at 6:11 am
quote:
Inflation Will Lead Inexecrably To Recession
FORBES
Recession is in the cards and not because of the recent report of declining real GDP in the first quarter. That was more the product of statistical particulars than anything fundamental. A real recession looms nonetheless some months out because of the tremendous inflationary pressure confronting this economy. Only in the extremely unlikely event that price pressures lift mysteriously of their own accord can the nation avoid this unwelcome prospect. And since inflation’s roots run deep in the economy’s fundamentals, such luck is far from likely.
The recession will have one of two causes. If the Federal Reserve (Fed) decides to exercise sufficient monetary restraint — restrict credit flows and raise interest rates considerably and rapidly — it would likely shock markets and precipitate recessionary conditions, perhaps brief and mild, but a recession, nonetheless. The Fed could, of course, avoid taking aggressive action. That might delay recessionary pressure, but eventually an unchecked inflation itself would produce sufficient economic distortions to bring on a recession anyway, probably more severe and longer lasting than one induced by anti-inflation policies. One way or another, recession looms.
Posted on 5/23/22 at 6:13 am to member12
Not one democratic party voter cares about this. Their main concern is keeping a Pedo joe in power or someone equally as stupid.
Posted on 5/23/22 at 6:14 am to member12
Thanks to the vegetable and all you frickwads that voted for him…
Posted on 5/23/22 at 6:14 am to member12
We should print more money and raise taxes on employers. That'll do it.
Posted on 5/23/22 at 6:14 am to member12
This is a fun, uplifting getting ready for work on a Monday post.
Posted on 5/23/22 at 6:15 am to member12
The reporting is starting to catch up to the reality of the inflationary environment coupled with covid-restriction induced supply/production issues
Posted on 5/23/22 at 6:16 am to TaderSalad
quote:
Thanks to the vegetable and all you frickwads that voted for him…
This is why we call the current food shortage the potato famine .
Posted on 5/23/22 at 6:17 am to member12
quote:
Inflation Will Lead Inexecrably To Recession
Bidens* America
Posted on 5/23/22 at 6:23 am to member12
“perhaps brief and mild”
Yeah right
Yeah right
Posted on 5/23/22 at 6:34 am to member12
I mean, this has been obvious for two years?
An economy can’t shut down (especially worldwide) and be propped up by government printed stimulus money without serious consequences.
An economy can’t shut down (especially worldwide) and be propped up by government printed stimulus money without serious consequences.
Posted on 5/23/22 at 6:46 am to member12
This country is fricked as we know it and I don’t think it will be here that much longer
Posted on 5/23/22 at 6:47 am to The Spleen
No, this is the progressives’ recession. Progressive governors and governments in addition to communist China shut down their economies.
This post was edited on 5/23/22 at 6:48 am
Posted on 5/23/22 at 6:49 am to member12
quote:
Forbes: Inflation Will Lead Inexecrably To Recession
You and Forbes meant Inexecrably instead of inexorably right?
Posted on 5/23/22 at 6:51 am to Oilfieldbiology
quote:
This country is fricked as we know it and I don’t think it will be here that much longer
If you think this is the end, you haven’t seen anything yet.
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