- August 2, 2022
- Posted by: Stratford Team
- Category: Economy
The U.S. economy will not return to inflation levels seen prior to the COVID-19 pandemic, according to expert Jim Bianco.
The founder of Bianco Research made the comments during an interview with Real Vision’s Andreas Steno Larsen on July 29.
“We’ve entered a new economy, we’ve entered a post-COVID economy, it is not like the pre-COVID economy,” Bianco said, adding that more people working from home and various other things have “fundamentally changed this economy.”
“We don’t want to recognize that, we want to have an argument as to whether or not the economy has changed,” he added.
Bianco said that people are still waiting for the economy seen in 2019 prior to the pandemic to return but said he believes this simply will not happen.
“Whatever it was pre-2019, don’t even send that to the economic department, send that to the anthropology department, they could study that history. We are now looking at what is 2024, 2025, and…
