inflation

forbes

On the Matter of Expensive Big Macs, McDonald’s Isn’t to Blame

Talmon Joseph Smith and Jordyn Holman of the New York Times recently reported that “Over the past year, a series of indignant McDonald’s customers took to social media and posted receipts of orders they feel were overpriced.” Adding the empirical to the emotional, Smith and Holman note that since 2019 the price of a […]

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forbes

Write It Down: Historians Will Conclude 2021-Present Was Not Inflation

To say that many prices were higher in the aftermath of a Key Bridge-equivalent collapse on a global scale in 2020 insults statement of the obvious. Of course prices were and are higher, and of course they will be as producers around the world feverishly work to fix what panicky politicians broke. Just please don’t call this inflation.

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Supply Siders Close To Trump Need To Fix His Dollar Confusion

It used to be broadly understood that inflation was currency devaluation, not a politicized concept that warring ideologies could redefine on the fly. They’ve done exactly this in recent years by making inflation whatever they want it to be, including an effect of lockdowns, deficits, the impossibility that is “easy money,” and on and on.

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