Frightening kickback from the decisions the Gov. made in the economy. Cause: Effect(s)
- Long lockdown from covid: Retardation of the economy,
- Excessive money print: Depress currency value to increase exports and market price.
- Money play in the market due to the stimulus: Ridiculous overvalued market.
- Russian-Ukrainian War: Increase the value of commodities.
The contribution of all the elements caused the current inflation. Now Fed has no option but increases the rate. This is a good analysis of how bubbles being popped in a macro-scale. The US debt clock is ticking…
