Inflation Reduction Act Explained Simply
#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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(Disclaimer: All information found here, including any ideas, opinions, suggestions, etc., are for informational, educational, and/or promotional purposes only & should not be construed as investment, legal, or medical advice. I am not a qualified licensed investment advisor, not an attorney or practice law of any sort, nor am I a doctor or scientist. I will not & cannot be held liable for any actions you take because of anything you view or read here. I do not recommend any investment, legal, or medical advice on this channel. Do your own research. Watch and/or invest at your own risk.)
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