6 ms·
Are we in a recession? I don't think so. There was (still is) a possibility of a recession, due to elevated interest rates, but the way fiscal policy works, thr
by ilya_m 2y ago
Are we in a recession? I don't think so. There was (still is) a possibility of a recession, due to elevated interest rates, but the way fiscal policy works, through Congress's appropriations, it is hopelessly lagging behind monetary policy (the Fed).