4 ms·

So more interest rate hikes?

• appplication 3y ago
  GDP growth is not inflation and not something that needs to be intentionally limited, so not necessarily.
  • somenameforme 3y ago
    While this is true, it's also true that GDP growth driven largely by governmental deficit spending, which this was, is inflationary.
    • huytersd 3y ago
      How do you know? Is there a breakdown of the percentage of the deficit spending?
    • refulgentis 3y ago
      It's true insomuch as aggregate spending being high drives inflation. Not necessarily government. More dollars, same goods. Not more gov't dollars, same goods.