Is Inflation Harmless?

The New York Times has published a strange article by Justin Wolfers, an economist at the University of Michigan. The headline is that his economist brain makes him say with regard to inflation: “Don’t worry, be happy.” The article gives …

Fiscal Collapse Accelerates

In case you thought anybody in Washington was driving this thing, they are not. 

It’s official: the Department of Treasury is now issuing debt at pandemic levels. It’s worth noting the pandemic record was double the previous record, which had stood …