Andrew Yang🧢⬆️🇺🇸

@AndrewYang ↗

Deleted No

Hibernated No

Last Checked May 22, 2022

Created

Tue May 10 17:35:59 +0000 2022

Likes

159

Retweets

Source

Twitter for iPhone

View Raw Data

JSON Data

View on Twitter

Likely Available

Andrew Yang🧢⬆️🇺🇸 @AndrewYang

If given a choice between inflation or possible recession the guess here is that the Fed will choose the latter. Interest rates have been anomalously low for a very long time. I don’t think the adjustment to higher rates will be easy. Memories are short. — PolitiTweet.org

Posted May 10, 2022

Preceded By

Andrew Yang🧢⬆️🇺🇸 @AndrewYang

The main tool to fight inflation - higher interest rates - has a negative effect on asset prices and economic activity. The Fed is going to try to thread the needle but there are no easy choices. In the 70s Volcker made a clear move to hike interest rates. It led to recession. — PolitiTweet.org

Posted May 10, 2022

Followed By

Andrew Yang🧢⬆️🇺🇸 @AndrewYang

Politically it puts Biden in a Jimmy Carter-esque situation of presiding over a no-win choice between inflation and stagnation. Voters will likely put either at his doorstep but inflation is the more troubling with daily reminders. Carter lost in his bid for a 2nd term. — PolitiTweet.org

Posted May 10, 2022