Comments by "Greg Greg" (@SlowhandGreg) on "Billionaire investor David Rubenstein: I do not see indications of a U.S. recession" video.

The bulk of Inflation at this point is tied to world commodity prices you can squash so much of it with Fed rates but on the other side of the coin the US economy has been going through a Tech revolution which accelerated by the pandemic. Its also time to push to renewables there are multiple projects across the US coming onstream in the next few years and costs per kilowatt hour are heading way down below half the cost of fossil
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The market isn't just one market anymore as was shown in the pandemic, the Tech sector has been booming as the digital revolution takes pace during the pandemic you had a recession on services. If the fed squeezes rates you'll get a small recession on consumer goods but the pace of technological change is relentless with everything from battery tech halving in price and doubling in capacity to robot built homes.
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@NHLblkgurl Don't drive a gas car or don't drive as much, do you have any idea how much gas the mommy school run drop off SUV guzzles? What is the cost of not having an affordable public transport policy on energy usage? How much does it cost a household to heat/cool a house in additional costs that are not properly insulated? We are at an inflection point back last year I spent a large sum on house improvements and an extension bringing it up to the best energy efficiency one of the main drivers was seeing 700 people freeze to death in Texas last year. I've a small wood stove that will heat the house in case of emergency and I also have solar and a microgrid. I started preparing to reposition to lower energy usage and an eventual move to an EV at the beginning of 2020 I'm 60+ and can afford it but we've seen the way the wind has been blowing with this for well over 5/6 years and I also remember the previous 2 oil crisis and inflationary periods.
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