The market seems to agree and perhaps is relieved that the BBB appears to be in dire straits.
Link: https://theconservativetreehouse.com/blog/2021/12/15/fed-chairman-jerome-powells-presser-should-alarm-everyone-on-main-street/
This is just the effect of the COVID Rescue bill from over a year ago - the inflation effect is delayed.. At least that had a real purpose. The 1.75 T Infrastructure Bill will be worse with mostly pork. The Brandon’s Big Boondoggle would be economically lethal.
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