John Delaney 🇺🇸

@JohnDelaney ↗

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Last Checked March 25, 2023

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Fri Dec 23 19:11:10 +0000 2022

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John Delaney 🇺🇸 @JohnDelaney

if they insist on a 2% target & we can't get to that b/c of these inflationary forces, then they keep raising rates like a domesday machine, which crushes economy & causes a global recession or we back off of reshoring & decarb & return to a fossil fuel driven globalized economy — PolitiTweet.org

Posted Dec. 23, 2022

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John Delaney 🇺🇸 @JohnDelaney

Re-shoring jobs, re-industrializing the west and decarbonizing the world are all inflationary. Either the Fed changes it's inflation target to 3% from 2% OR they are basically saying they don't want any of these things to happen. Is that what the Fed is saying? — PolitiTweet.org

Posted Dec. 23, 2022

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John Delaney 🇺🇸 @JohnDelaney

@tkpkharron Yea, of course it is in the long term BUT building all of that in the next ten years is inflationary. The more we build and the faster we decarbonization the more it's inflationary in short term. That's my whole point. Doing good stuff will drive short term inflation. — PolitiTweet.org

Posted Dec. 23, 2022