Inflation

Politicians declare that their top priority is improving environmental quality. Their inflationary policies say otherwise.

Now that inflation is the highest it has been in four decades, the monetary authorities are trying one trick after another. Only ending artificially low interest rates will help.

Even though the Fed has been inflating the US dollar with impunity, neither the yen nor the euro can challenge the USD.

Sen. Joe Manchin has agreed to support a "Build Back Better" lite that proponents claim will reduce inflation, give us better weather, and "pay for itself" through price controls and taxes. Perhaps we should be wary of such political "victories" for the political elites.