Elon Musk makes a dire prediction about the economy


Inflation is without comparison the word of the year 2022.

The rising prices of goods and services are at their highest level in 40 years, which greatly affects the purchasing power of households.

To relieve consumers, the Federal Reserve has initiated an aggressive monetary policy, characterized by a sharp increase in interest rates. Economists warn that this monetary policy, which is also observed in other regions of the world, especially in Europe with the European Central Bank, risks causing a so-called “hard landing” for the US economy. Basically, if the Fed continues to be so aggressive in its monetary tightening, it risks causing a recession.



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