Economist Mohamed El-Erian takes grim IMF inflation warning seriously: 'This is a big deal'

https://www.foxbusiness.com/economy...grim-imf-inflation-warning-seriously-big-deal

I agree with this assessment. I think we are in for a world of economic hurt coming up. It will likely hit every sector. Energy costs are going to weigh us down as well. This administration is hostile to the American livelihood. The big question is how democrats will spin it. And how many buy the load of garbage they throw when it happens.

 

The Left doesn't seem to give much of a crap about inflation, and thinks it's "no big deal" because government can just hand out more money as a solution.

They never recognize their own policies as a problem; they always lay the blame on not being allowed to enact further policies as a solution - a solution to the problem that resulted from their policies they enacted in the first place.

And so it is just a constant blame game, deflect blame. Claim the problem is that we have not gone far enough, rather than having gone too far.

If inflation is eating into people's incomes, it is the fault of "Capitalism".