Politicians, the Federal Reserve, and Fed and administration apologists like to claim that the inflation we face is caused by supply constraints. This claim goes against the facts on the ground. According to the World Trade Organization, even though there was a collapse in trade at the beginning of the
Read MorePoliticians, the Federal Reserve, and Fed and administration apologists like to claim that the inflation we face is caused by supply constraints. This claim goes against the facts on the ground. According
If you think the supply chain problems, empty shelves in stores and higher inflation are problems now, wait a few weeks; they are likely to get worse. And this isn’t a result