Elon Musk predicts a terrible economy

Inflation is by far the word of 2022.

The prices of soaring goods and services have reached their highest levels in 40 years, which greatly affects the purchasing power of households.

To relieve consumers, the Federal Reserve embarked on aggressive behavior monetary policycharacterized by a sharp rise in interest rates. Economists warn that this monetary policy, also observed in other regions of the world, especially in Europe with the European Central Bank, risks causing the so-called “hard landing” of the US economy. Essentially, if the Fed continues to be very aggressive in its monetary tightening, it risks causing… Recession.

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