Tag Archives: raw materials
Why Consumer Price Inflation Is Here To Stay
The ability of U.S. central planners to export price inflation to China is finally breaking down. This ability masked the effect of loose fiscal and monetary policies in the U.S. for several decades, as the consequences of enormous deficits and radical money supply expansion were offset by low cost consumer goods. Those days are over. Continue reading
Posted in Inflation, MN Gordon
Tagged china, consumer prices, jerome powell, people's bank of china, raw materials
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