The Top 3 Reasons the US Has Entered the Inflation Death Spiral

Guest Post by Nick Giambruno

Inflation Death Spiral

Rapidly rising food, housing, medical, and tuition prices are squeezing Americans, and many do not understand the real cause of their falling living standards.

That confusion opens the door for opportunistic politicians who promise supposed freebies to ease the pain of inflation. Many, unfortunately, succumb to this siren’s call.

Perverse as it is, the policies offered to people suffering from inflation create even more inflation. In other words, inflation has a way of perpetuating itself, much like a heroin addiction. Continue reading “The Top 3 Reasons the US Has Entered the Inflation Death Spiral”