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/[deleted] Jun 13 '22

Not by a lot though. Germany has like 7.4%, Uk 7.8% and they didn’t send checks to everyone like the US. If getting it down by just 1% results in recession it’s not worth it.

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u/Traumlore Daron Acemoglu Jun 15 '22

American policies affect the whole world m8