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When Blackrock's CEO says ‘Inflation Reduction Act’ Will Make It Harder to Lower Inflation

Posted on 4/13/24 at 4:25 pm
Posted by Jjdoc
Cali
Member since Mar 2016
53449 posts
Posted on 4/13/24 at 4:25 pm
Then you know how bad it is.


No love for Blackrock but they look out for their bottom dollar and this has an effect on them too.

LINK
This post was edited on 4/13/24 at 4:26 pm
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
70978 posts
Posted on 4/13/24 at 4:35 pm to
A bill is always the opposite of the title.

Patriot Act.
Affordable Care Act.
Equality Act
Inflation Reduction Act.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
98650 posts
Posted on 4/13/24 at 4:55 pm to
Everyone knew it would do the opposite, the Dems even admitted it, but the media ddutifully carried the water
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
48926 posts
Posted on 4/13/24 at 4:56 pm to
quote:

bill is always the opposite of the title.


This
Posted by Revelator
Member since Nov 2008
57871 posts
Posted on 4/13/24 at 4:56 pm to
quote:

When Blackrock's CEO says ‘Inflation Reduction Act’ Will Make It Harder to Lower Inflation


They simply renamed the Green New Deal
Posted by thetempleowl
dallas, tx
Member since Jul 2008
14819 posts
Posted on 4/13/24 at 5:00 pm to
This is the most obvious duh that could ever be said.

Since when does spending hundreds of billions of dollars during an inflationary period reduce inflation?

Oh, it's called the inflation reduction act? Oh the name will do it.

Everyone knew this was going to happen.
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