Does Joe Biden’s spending plan really risk high inflation? - short news
We should expect price increases in the Covid recovery phase – and we have the tools to cool the economy
Slight increases in the rate of inflation in the United States and Europe have triggered financial market anxieties. Has Joe Biden’s administration risked overheating the economy with its $1.9tn (£1.3tn) rescue package and plans for additional spending to invest in infrastructure, job creation and bolstering American families?
Such concerns are premature, considering the..
source: The Guardian - 08.06.2021