The World has watched the effects of their FAILED policies play out in nation after nation many times….each time with the same results and no matter how many times it happens these fools never give up on their “Utopian” dreams or as the rest of us would call it, their nightmare!!!
www.wsj.com/articles/higher-inflation-is-here-to-stay-for-years-economists-forecast-11626008400
Americans should brace themselves for several years of higher inflation than they’ve seen in decades, according to economists who expect the robust post-pandemic economic recovery to fuel brisk price increases for a while.
Economists surveyed this month by The Wall Street Journal raised their forecasts of how high inflation would go and for how long, compared with their previous expectations in April.
The respondents on average now expect a widely followed measure of inflation, which excludes volatile food and energy components, to be up 3.2% in the fourth quarter of 2021 from a year before. They forecast the annual rise to recede to slightly less than 2.3% a year in 2022 and 2023.
h/t FeedYourHead