-The recession is caused by the government printing more money than it has.
-This will lead to inflation and a tough economy in the next 12 to 18 months.
-Goldman Sachs believes that the recession is a “necessary slowdown” in order to balance wage growth and reduce inflation.
-However, they also believe that the inflation will go away in the future and that the current crisis with Russia is not a big enough deal to cause an imbalance in the economy.
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