Quote:
Originally Posted by scottw
Party-Line Vote Sends $740B Inflation Reduction Act To Biden
Inflation Reduction Act won’t curb inflation ‘over the short run,’ says economist
“Naming it ‘anti-inflation’ is a joke,” Kevin O’Leary, chairman of O’Shares ETFs and judge on CNBC’s “Money Court,” told CNBC’s Squawk Box on Monday. “This is going to be very inflationary almost immediately because we’re printing billions of dollars.”
NY Times 6 days ago — A Congressional Budget Office analysis found that the measure would have little effect on inflation this year.
CBS News
MONEYWATCH
One thing the Inflation Reduction Act may not do: Lower inflation
moneywatch
BY AIMEE PICCHI
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You probably also think you can easily change the course of cargo ships.