Inflation isn’t simply driven up by supply but also greed. It is highly important to remember economics is snake oil for the lost part. As short a time as a fe

Inflation isn’t simply driven up by supply but also greed. It is highly important to remember economics is snake oil for the lost part. As short a time as a few years ago, the Nobel Prize was awarded for work proving wage increases did it limit jobs, as was claimed for generations. One would think this had been proven long ago, but that’s not the case. It’s propaganda. Indeed, a great deal of the economic orthodoxy is little more than propaganda. All economic notions should be considered such until proven beyond a doubt. And it probably would be a good thing to track how wrong is the nonsense of people like Kudrow and Summers, yet they are trotted out as gospel constantly. Jamie Dimon too.