“It now appears that factors pushing inflation upward will linger well into next year,” said Jerome Powell.
Policy-makers don’t talk about the trade-offs involved in stimulus policies.
One Year Ago, Trump Called Me an ‘Enemy of the People.’ Rising Costs and Inflation Are the Real Enemy
While some on the right remain focused on the last election, liberals in Washington are pushing an inflationary agenda that hurts workers and businesses.
Consumer prices rose 6.2 percent in October 2021 compared with the same month in 2020, the highest increase since November 1990.
Zoning rules and mortgage regulations are pushing up the cost of housing.
Just in time for the holidays, Dollar Tree has announced that it will raise prices for most merchandise to $1.25 because of rapid inflation.
‘President Joe Biden has taken to saying that the Democrats’ ‘Build Back Better’ legislation will reduce inflation. This spin isn’t just unconvincing.’
The current surge in prices has already shown itself to be, contrary to reassurances, more than transitory.
Phil Kerpen dug up an amusing vintage SNL Jimmy Carter and inflation skit…