The Government is likely going to be printing more money, thanks to the so-called “Inflation Reduction Act.” So, what kind of impact will that have on the economy? Inflation is just too much money-chasing and too few goods. Why are there too few goods? Is it because we have supply chain issues that are a result of the COVID policies instituted globally? Or is it because we’ve put in too much money and have created demand?
It’s probably both at this point, but, as you look around the corner, it’s clear that demand is starting to fall and will continue to fall.
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