With inflation running as hot as it is, I believe the only option the Biden Admin has is price controls. Not that I'm a fan of it or think it will help (it will not). But the fact to say they are doing something about inflation to the general populous.
I think this will make things worse, not better. I don't think the FED can raise rates as much as people expect. They can't raise them to 4-5% this would make debt service unsustainable, plus would crash the housing and stock market.
I also expect stagflation to rear its ugly head if not already here.
What do you predict will happen in 2022?
I think this will make things worse, not better. I don't think the FED can raise rates as much as people expect. They can't raise them to 4-5% this would make debt service unsustainable, plus would crash the housing and stock market.
I also expect stagflation to rear its ugly head if not already here.
What do you predict will happen in 2022?
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