This time, it’s Dow Chemical CEO Andrew Liveris, who made news last week when they announced across the board price increases, says that, “he thinks the U.S. is underestimating the level of inflation in the economy and he expects the rise in energy costs is beginning to destroy demand.”
The “demand destroying” will become even more true when interests rates finally rise.
Another part of the unsustainably low rates that created the mess that Alan “Bubbles” Greenspan made.