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Incidentally... I do expect inflation to fall over the next two years. The key driver of prices was fuel, which impacts everything else. And much of that has to
by jfengel 2y ago
Incidentally... I do expect inflation to fall over the next two years. The key driver of prices was fuel, which impacts everything else. And much of that has to do with sanctions against Russia, a key fossil fuel producer.
So I see it as likely that we will end those sanctions, and prices will drop. That will undoubtedly be popular.
I also strongly suspect it will be accompanied by a genocide in Ukraine. I consider it unfortunate that Americans won't give that nearly as much weight.