Guest Post by Paul Craig Roberts
Americans live from threat to threat. Now that the “covid threat” and the “Russian threat” have played out, we have the “inflation threat,” but is it any more real?
It is true that the Central Bank has poured out unprecedented amounts of money for more than a decade. The excuses were: to cause a 2% annual inflation that would stimulate economic growth, and to save the economy from the banks financial speculations.
Continue reading “What to do about Inflation”
