/biz/ - Business & Finance

>>49339018
Just like we were going to go into a recession right at the start of the pandemic. The world changed in 08 and the volcker move literally cannot happen with how much debt there is floating around now, which is why the best they can muster is 50bps hikes like a year late.

At this point inflation is happening no matter what, they have the choice between inflation and stagflation now, and as bad as inflation is, at least there is growth. Nobody wants to be stuck like Japan has been.