4 ms·
My takeaway from the article is that inflation is the root of all evil in the American economy right now and we're doomed. Which ignores the fact that we've be
by SomewhatLikely 3y ago
My takeaway from the article is that inflation is the root of all evil in the American economy right now and we're doomed. Which ignores the fact that we've been through bouts of inflation before and so have other countries. It doesn't explain why certain goods and services (housing, education, healthcare) have grown in cost much greater than others. That differentiated price growth is not explained away by inflation.