Samuel Gregg of the Acton Institute writes about how fighting inflation will be difficult:

For all the assurances by central bankers that they can engineer a soft landing, such an outcome is unlikely. On the contrary, it is far more probable that we will face a difficult and long war against inflation. And like in any war, there will be considerable collateral damage. Making matters worse, the generals leading the campaign are, at best, an irresolute bunch. Some of them have even helped create our present problem by advocating low-interest rates for far too long and deploying quantitative-easing far too often.

Also, check out the latest episode of the Capital Record, where David Bahnsen talks with Representative Kevin Brady (R., Texas), the ranking member on the House Ways and Means Committee.