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Inflation is eating the elderly, and those living without an expandable paycheck. IMHO, today's inflation seems inevitable based on recent very loose monetary
by RickJWagner 5y ago
Inflation is eating the elderly, and those living without an expandable paycheck.
IMHO, today's inflation seems inevitable based on recent very loose monetary policy. Blaming it on Putin is ludicrous.
It's also noteworthy that inflation is perhaps the most attractive way (politically) for the growing debt to be marginalized. The other tools (tax raises and spending cuts) tend to bring sharper reactions at the ballot box.