(12-12-2021 05:34 PM)OptimisticOwl Wrote:  https://www.crfb.org/blogs/what-will-bui...-inflation

Importantly, the view that Build Back Better will moderately increase inflation is widely shared by economists and forecasters alike. This includes economists at Bank of America, JP Morgan Chase, Penn Wharton Budget Model, and elsewhere. Moody’s Analytics recently estimated that the infrastructure bill and Build Back Better legislation combined would add 30 basis points to CPI inflation in 2022, 40 basis points in 2023, and 10 basis points in 2024.

Adding to Inflation is Risky
While the inflationary effects of Build Back Better are likely to be small and temporary, there are risks that they will be larger or could contribute to a de-anchoring of inflation expectations considering current inflationary trends.

https://www.bing.com/videos/search?q=Bui...&FORM=VIRE