The inflation impact of the Inflation Reduction Act

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Post title and everything, here I am just copying Greg Mankiw:

“According to CBO:

In calendar year 2022, enacting the bill would have a negligible effect on inflation, in CBO’s assessment. In calendar year 2023, inflation would probably be between 0.1 percentage point lower and 0.1 percentage point higher under the bill than it would be under current law.”

TC again: I know you can be on Twitter, and honestly pledge this thing will reduce inflation, but…c’mon people….




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