Axios: Inflation Surges To 8.5%, Highest In Over 40 Years

Apr 12th 2022 9:14am EDT

I overestimated Joe Biden again. In 2021, I discounted the impact that the tidal wave of federal spending combined with supply chain issues would have on driving up inflation. We were repeatedly told at the time that this was “transitory inflation” which was expected to taper off after a few months. In 2022, I assumed […]

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