Economist Mohamed El-Erian Says Joe Biden’s Inflation Will Go on Well into Next Year
‘We will see all the second round of effects that we talk about’
EXCERPT:
EL-ERIAN: "So, we will see all these second round effects you talk about. People asking for higher wages in order to maintain their purchasing power, companies raising prices in order to maintain their margins, and it will go on well into next year."
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