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Expert on What Happens When Stimulus Wears Off
4 years ago
182
The Federal Reserve predicts prices will continue to rise in the near future. It's blaming higher raw material costs, soaring demand, and a shortage of workers.
Lance Roberts, the chief strategist at Real Investment Advice, puts the demand down to the recent big stimulus packages. But that sugar rush will pass, and when it does, we'll see demand fall and the inflationary pressures relax.
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