Dec. 9: Perry to run for LGV mayor. Crime: plea rejected, brother sentenced. Too much money causes inflation. Quantum leap in computing for Albany NanoTech.
Economist cites too much money chasing too few goods as cause of inflation
The supply chain problems and the war in Ukraine did not cause the inflation and possible recession facing the country, said economist Hugh Johnson, the Times Union is reporting. The Federal Reserve was too loose with its money earlier in the pandemic, and the stimulus checks were too big and too many, the story reports. Johnson admitted during his annual address to the Capital Region Chamber that he did not see it coming in time for last year’s speech.
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Perry to run for Lake George Village Mayor
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