60.00% - Inflation is the tax you pay when government spends money it doesn't have — Biden pumped trillions into a constrained economy and ordinary Americans paid it on groceries and gas.
40.00% - The official inflation basket — adjusted for quality improvements and substitution effects — consistently understates what real people pay for actual life.
Economic conditions suggest a recession or depression is a plausible near-term outcome.
57.14% - The official inflation basket — adjusted for quality improvements and substitution effects — consistently understates what real people pay for actual life.
42.86% - Inflation is the tax you pay when government spends money it doesn't have — Biden pumped trillions into a constrained economy and ordinary Americans paid it on groceries and gas.
100.00% - Economic conditions suggest a recession or depression is a plausible near-term outcome.
0.00% - A recession/depression is likely.
50.00% - COVID-19 recession