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> But inflation corrections can happen in a year or two. Monetary policy sucks, there is little evidence of it ever creating a soft landing. (As opposed to reg
by Ericson2314 4y ago
> But inflation corrections can happen in a year or two.
Monetary policy sucks, there is little evidence of it ever creating a soft landing. (As opposed to regular market forces incentivizing more supply and fixing the issues on its own.)
Also, the consensus view is it takes up to 2 years just to come in effect! The Fed is probably creating a 2023-24 recession right now just as the Ukraine war and other sources of supply disruption stop being a problem!