There is an ongoing debate about whether high inflation is “transitory” or rising prices are going to be more long-term and persistent. One thing for sure, the US government spending problem isn’t transitory.
And that has pretty significant ramifications if inflation is running out of control.
For Further Reading
The Federal Reserve: The Engine that Powers the Most Powerful Government in History
Partisan Hackery Blinds People to the Real Problem
Biden Borrow and Spend Plan Builds on Trump Legacy and Makes Things Even Worse
Michael Maharrey [send him email] is the Communications Director for the Tenth Amendment Center. He is from the original home of the Principles of '98 - Kentucky and currently resides in northern Florida. See his blog archive here and his article archive here.He is the author of the book, Our Last Hope: Rediscovering the Lost Path to Liberty., and Constitution Owner's Manual. You can visit his personal website at MichaelMaharrey.com and like him on Facebook HERE
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