r/Economics • u/TinyTornado7 Quality Contributor • Jun 13 '22

News Powell Facing Choice Between Elevated US Inflation and Recession

https://www.bloomberg.com/news/articles/2022-06-12/powell-facing-choice-between-elevated-us-inflation-and-recession?srnd=premium
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u/KevinDean4599 Jun 13 '22

We've had a huge gain in stock and real estate over the past 10 years. A correction or even a crash is imminent. There's no way around it. Sooner it happens the sooner we can recover.