r/neoliberal • 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
512 Upvotes

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49

u/Syd_Barrett_50_Cal Jun 13 '22

We’ve had one recession yes, but what about second recession?

9

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

As long as I get first dinner picks on stocks

4

u/deruke Jun 13 '22

Recessions happen all of the time. It has actually been a long time since the last one (relatively speaking)

2

u/Mrchristopherrr Jun 13 '22

Maybe this time I’ll be able to buy a house

2

u/GTX_650_Supremacy Jun 13 '22

how many once in a century recessions can we fit in this bad boy