Inflation (Economics) – Page 157

White House Struggles to Talk About Inflation, the ‘Problem From Hell’

Inflation is upending voter confidence and posing a glaring political liability that looms over the Biden administration’s major policy decisions.

Higher prices plus a labor shortfall plus a national economic contraction make it hard to plan for the future.

Progressives are rediscovering the law of unintended consequences.

Global economic growth will be choked as war, inflation and ongoing supply chain problems take a toll.

The economist makes his case for universal inheritance, worker ownership and ‘participatory socialism.’