Former CBO director warns inflation will take ‘years, not months’ to cool off



Former Congressional Budget Office Director Douglas Holtz-Eakin says to expect restrictive Fed policy for another two years. #FOXBusiness

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49 comments

  1. People need to be told that inflation is figured different today that in the 80s. The old way inflation is close to 18% !!! Read people's comments if you want know what is really happening to the regular folks. Everything is going to crash & most folks will be saying they never saw it coming. A weak , corrupt government , only adds to the future. Plus the looming WW3 , which NATO & the US will lose. Hold on to your hats , a hard rain's gonna fall.

  2. Good job bidentards!👏👏👏👉👌

  3. If I'm not mistaken, I think I already feel the pain.

  4. That is just wrong . I have been out of work for 3 years , all I want is to go back to work it's that simple . The economy says otherwise . Darn ,

  5. Why does Fox keep doing this. You can’t control a Supply Driven Recession by increasing interest rates. They are expecting unemployment to double to over 6 million by the end of the year. The Fed is Run by an Idiot.

  6. You mean goverment plans on stealing our money for years

  7. Do you believe God holds your today's and then tomorrows. Inflation will stumble and fall down.

  8. We shall all remember the good guys that has started this inflation. We have to remember the names, the political group, the nwo and their names to say thank you, you have made us stronger in our faith, the globalist, the others from Davis, bilderburg, elites, antifa, BLM leftist, deep states people, this can only happen Ina few hundred years. The positive side on this situation is that we are sinners and we can use these things as reparations to our Lord Jesus Christ in heaven. It is a great idea, it makes it faster to enter the new Jerusalem.

  9. Making money is an action. Keeping money is behavior. Growing money is knowledge.

  10. They need to be held accountable by the law of the land and the legal citizens of USA

  11. Layoffs are Coming Companies Have Been Saying this???

  12. It’s hard to take these so-called “experts” seriously, regardless of their former titles, when they insist on denying that we are in a recession. You know right then and there they are not objective.

    The opposite of recession is expansion. So the proper follow up question to these recession deniers would be, “are we in an expansionary period?” Because clearly we are not.

  13. Slow Joe said this was temporary?

  14. My spouse and I are adding a variety of stocks/ETF to my present holdings for the long term, We've set aside $250k to start following inflation-indexed bonds and stocks of companies with solid cash flows, I believe it is a good time to capitalize on the market for long-term gains, but it wouldn't hurt to know means of actualizing short term profit.

  15. Douglas is paid to lie. We ARE 100% in a recession now.

  16. This guy is either lying or he is clueless. The American consumer is on life support. Get ready for a rough winter.

  17. Producing jobs? More like rehiring! This is ONLY ONE OPINION…still fuzzy! Fuzzy facts, fuzzy logic!

  18. So let redefine everything so we can just have happy days! He is being disingenuous! Wait thing are going to get worse. When it does, I want you to have him back on and make him sweat and eat his words! So tired of these opinion news channel having these people on! Some people already knew that there was no way for a soft landing and was puzzle why he was even trying

  19. NOW IS THE TIME for all good fascists to come to the aid of Donald Trump! The leadership of the GOP-MAGA Confederacy consists of white supremacists, white nationalists, and domestic terrorists, aka Fascists. They have been aided by Faux News to brainwash millions of Americans to support fascism posing as patriotism!

  20. The White House wouldn't be telling citizens to keep their money in the banks if they wouldn't worry about inflation.

  21. Wow. We are driving right into a recession. And FJB spends 500 billion buying votes of college kids. We are gonna be screwed in2023

  22. I wounder if those 86,000 new IRS agent jobs are being counted in the new job figures.

  23. Former CBO officer? Everybody that Faux interviews, is a "former" something. In other words, just another has been with an opinion.

  24. Trump can do what no other PREZIDENT has done

  25. True much damage has been done.

  26. President Reagan got us out of a 13.8% inflation rate in the 80's. He borrowed it from SSI but he saved the country.

  27. Nancy and Paul Pelosi EARNED 69% in the Stock Markets….hmmm

  28. MIDTERMS. Take back Washington DC from the democratic socialist

  29. Thomas Jefferson – 1787
    "If the American people ever allow private banks
    to control the issue of their currency,
    first by inflation, then by deflation,
    the banks and the corporations which grow up
    around them will deprive the people of all property
    until their children wake up homeless on the
    continent their fathers conquered".

  30. You people can't talk your way out of it I see it at the pumps I feel it at the grocery store all my bills are higher than they normally are and you're telling me we're not in a recession well hell good thing I ain't a mental depression kind of person. Well I can say is thanks everybody for their services vote with your heart red ♥️

  31. The job openings disappeared because companies are making less money so they're laying people off and not hiring anyone. How is that a mystery? This is just stupid that people can't figure this out or they keep playing these word games

  32. "Transitory." Remember that one?

  33. This clown is just protecting the worse president ever.

  34. We are not in a recession?? You don't tell me, my pocket does.

  35. Yeah but our jobs pay $15 an hour but our rent is $1800 a month! you do the math!!

  36. 5:53 = YEARS NOT MONTHS TO CONTROL INFLATION (NICE)

  37. Surprise!! America is Great Again!! How did we miss that?

  38. It will not take a week if our president Trump kick Biden and Obama out of WH and he moves in.

  39. Biden said we were at 0% inflation July. Now we are at 8.5% inflation. I don't know whether to $h1t or go blind.

  40. Dementia Joe Biden destroys America

  41. Yet we fight other countries wars for them with our hard earned money that everyone will pay for years and years.
    While our country is spending more than it's taking in.
    WTF !!!!

  42. Biden/ Obama have driven the USS INTO THE GROUND!! THERE IS NOTHING LEFT BUT DEBT

  43. At best middle AMERICA CAN AFFORD FOOD AND ENERGY THATS IT!

  44. You wont be able to spend it anyway !and you can't take it with you ?

  45. ROTHSCHILDS HAVE LIVED LIKE GOD OFF THE BACKS OF AMERICANS FOR FAR TOO LONG, AMERICAN GOLD STANDARD GOVERNMENT CRYPTO

  46. When we all end up at the soup kitchen, they will finally admit that we are in a recession, maybe? 😁

  47. Wishful Thinking hahahahahahahahahah

  48. This guy is delusional if he believes his own rhetoric.