As a longtime member of NABE (National Association of Business Economics), I enjoy reading the periodic surveys of other members. The latest shows:
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78% of members think the Russia-Ukraine war will make the supply-chain bottlenecks even worse.
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A whopping 95% think global GDP will fall, due to the war . . . but not much.
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To lower the price of gas, 31% think we should release more from the Strategic Petroleum Reserve (I disagree!)
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80% think CPI will remain above 3% thru 2023.
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50% think fiscal policy is too stimulative, up from 34% last year.
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78% think monetary policy is too stimulative, up from only 20% last year.