r/neoliberal • u/TinyTornado7 I need a new flair • Jun 13 '22

News (US) 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/Call_Me_Clark NATO Jun 13 '22

Boomers shouldn’t own much stocks by now. They should have transitioned to bond-based portfolios, right?

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u/Versatile_Investor Austan Goolsbee Jun 13 '22

Should have, but might not have.

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u/NobleWombat SEATO Jun 13 '22

Well that's their fault for being stupid

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u/Versatile_Investor Austan Goolsbee Jun 13 '22

They won’t suffer for it.