The Rise Of Washington’s Infernal Inflation Machine, Part 1

Inflation has always been about more than bothersomely high prices like a $3 cup of coffee or a $4 gallon of gasoline. And nowadays it also encompasses far more than Milton Friedman’s axiom that it reflects too much money chasing too few goods. Under today’s policy regime, in fact, inflation is elemental, plenary, global and […]
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