Inflation? What Inflation?


Not that we haven’t been writing here for the past dozen years: central bank policy is the key to mismanaging public finance. MMT? Stupid is as stupid does.

We’re Paying for All of That ‘Free’ Money Now, Aren’t We?

Why is everything so darn expensive? A deep dive noting that economic minds on the right and the left are coming to an agreement — sure, the supply-chain issues and the labor shortage didn’t help, but the biggest factor in our runaway inflation was “vast amounts of government rescue aid, including three rounds of stimulus checks” — way more aid than the European Union, Canada, or the United Kingdom gave to their citizens — and lo and behold, we’ve got much worse inflation rates than they do. We’ve borrowed and spent ourselves into this inflation crisis. 

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