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Jacob Watson
CNBC Television
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Comments by "Jacob Watson" (@jacobwatson3781) on "This is a 'historic' moment for the UK's economy, says Mohamed El-Erian" video.
Yes some countries have been in a recession, it hasn't hit the US yet but it sure could.
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Government spending isn't the only cause for world inflation, it would be nice if is was that simple but it's not.
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@podtunnie3087 gold standard couldn't battle inflation, its one of the gold standards biggest weaknesses.
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@eljangoolak I would say demand issues, supply chain issues, war in Ukraine, manufacturing in China slowed, with government spending caused inflation.
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And corporate profits, corporate profits are leading to inflation.
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