Biden is wrong again. A recession is inevitable and so is stagflation.
4 min readMay 27, 2022
All signs point to higher inflation eventually leading to a stagnant economy.
President Biden has recently made a one-word statement that explains his understanding of the economy today and where he expects it to be in the near future. Recently when he was asked whether a recession for the US economy is inevitable, he simply answered, “No.”…