The chickens are coming home to roost. We? covered this on the Wine and Cheese Board with my crack team of economis prowess advisors a year ago.
@HoustonHusky @UW_Doog_Bot
There were some other Inflationary Worry Bros on it too, and I apologize for their omissions here. But Houston and Doog_Bot are my? macro economis monetary policy experts, so I mostly just listen to them.
I never rooted for inflation. But like a 3:59pm sunset, I knew it was coming, eventually.
The real question now, begs, will simply raising interest rates take care of it?[/b]
I don’t think so. Too many other systemic issues with supply. Issues that we haven’t endured in the last 45 years. And even then it was just gas and oil.