General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
gerhard7
Economics Help
comments
Comments by "gerhard7" (@gerhard7323) on "Can European Economy Deal With The Triple Shock?" video.
@Jordan-fd6cx Succinct, measured and fair assessment. Hopefully more people will read it.
3
Yep, that wasn't just an act of eco-industrial terrorism conducted by the US it was economic terrorism inflicted on the entirety of Western Europe. And yet, bizarrely, no one raises so much as an eyebrow.
1
Biden's oddly named IRA, Inflation Reduced Act, doesn't seem to be working as intended does it? Inflation remains sticky, the economy and employment isn't slowing significantly and the FED is still holding fast on any interest rate cuts as its numerous back to back rises haven't worked anywhere near as expected yet. Similarly, other European countries didn't do anything like on the scale of Biden's IRA and yet inflation has still fallen in similar terms. Maybe it's because at its heart Biden's IRA was a massive public financial stimulus program which, arguably, is in itself inflationary?
1