i believe the modern economy is self correcting, and that when the bindig administration says inflation is transitory, i actually think that's true. It's just that transitory is not defined. When you accept, would you accept three to five years as transitory or not? I mean, that's not permanent. But in the meantime, between now and the time that we can spin up, i love that phrase, cause it sounds like you can do things really easily. We'll just spin up some more factories. Let's spin up some extra capacity. Just two words, just spin it up. Don't tell me it's hard. Justspin it up.
My new book LOSERTHINK, available now on Amazon https://tinyurl.com/rqmjc2a
Find my "extra" content on Locals: https://ScottAdams.Locals.com
Content:
- Watergate was largely fake news?
- Calculating reparations
- Joey Politano on negative wealth shock
- Biden squeezing traditional energy sources
- Ian Bremmer on various countries and inflation
- Squeezing Russia on resources we need
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