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
- Signed as Law: Nebraska Repeals State Capital Gains Taxes on the Sale of Gold and Silver - April 26, 2024
- Signed as Law: Asset Forfeiture Reformed by Kansas, but Massive Federal Loophole Remains Mostly Open - April 25, 2024
- Alaska Senate Committee Passes Bill to Make Gold and Silver Legal Tender in the State - April 24, 2024