US inflation isn’t going away. Small businesses must plan ahead

m.knox

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Aug 20, 2003
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But, but, but, Joey Asthma just signed the Inflation Reduction Act????

https://www.theguardian.com/business/2022/aug/14/us-inflation-prices-small-business

It’s doubtful whether the Democrats’ Inflation Reduction Act – regardless of the positive impact it should have on our climate and healthcare problems – will have much impact on inflation. Penn’s Wharton School says that the bill would actually increase inflation until 2024 and has “low confidence that the legislation will have any impact on inflation”. But the good news is that government spending has significantly decreased and the Fed is no longer pouring fuel on the fire.