Inflation Reduction Act Explained Simply

1 year ago
71

#InflationReductionAct #CPI #ClimateLegislation
Rice Report: Inflation Reduction Act Explained + New CPI Report. On this live episode, I will be discussing the recently passed Inflation Reduction Act & the new CPI data for July. What does all of this mean for inflation? The IRA is more focused on climate change and printing more currency which will only make inflation worse, in my opinion.

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Links:
Inflation Reduction Act
https://www.npr.org/2022/08/07/1116190180/democrats-are-set-to-pass-a-major-climate-health-and-tax-bill-heres-whats-in-it
https://thehill.com/homenews/3592694-heres-whats-in-the-inflation-reduction-act-the-sweeping-health-and-climate-bill-passed-sunday/
https://www.cnbc.com/2022/08/08/economist-inflation-reduction-act-wont-curb-inflation-short-term.html
https://www.investopedia.com/inflation-reduction-act-of-2022-6362263
https://www.democrats.senate.gov/imo/media/doc/inflation_reduction_act_one_page_summary.pdf

CPI Data
https://www.investopedia.com/terms/c/consumerpriceindex.asp
https://finbold.com/crypto-market-adds-over-50-billion-in-1-hour-as-cpi-data-comes-in-lower-than-expected/
https://www.marketwatch.com/story/feds-evans-says-july-cpi-data-was-positive-but-nobody-can-be-happy-with-8-5-annual-inflation-rate-11660147244

FOMC Meeting Schedule
https://www.federalreserve.gov/monetarypolicy/fomccalendars.htm

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