Read the whole thing, as The Man might say. But then go starting looking at these folks at the Mises Institute. The Austrians have long warned that inflationary effects usually benefit those nearest the spigot, and that when they have exacted all the benefit they can from it, they turn the spigot off to stop the flooding from reaching their doorsteps. We may be seeing this now, as even the Fed is starting to say that interest rates may need to rise to stop inflation.
Hey, I remember the Seventies vividly. Inflation is for tires, not for people.
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