by Jeffrey Tucker
This has been a week of spin, with every regime apologist assuring the public that inflation is getting better. Just look at the wonderful trend line! In the footnotes, you find the truth: it was a tiny drop and mostly for technical reasons and the main reason for the drop has already disappeared from the price trends.
The new claim: inflation will vex us for a bit more time but will settle down in a few months. It’s all Putin’s fault, plus the virus. In any case, the president is working to fix this.
Has any political propaganda on this topic ever been this ineffective?
Continue reading “The Culture of Devaluation, Destruction, and Devolution”
