Federal Reserve risks burning the US economy by continuing to raise rates as inflation flickers out. Image: Facebook / Hothouse

NEW YORK – The inflation of 2022 was like no inflation in the past, I have shown in these pages and in an essay for RealClearPolitics. The last time the Consumer Price Index approached double-digit yearly growth in the late 1970s, a credit-fueled grab for hard assets drove inflation. But in 2021, US$6 trillion in […]

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