Sat.Nov 27, 2021

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6 Reasons Inflation is Higher than You Think

Tom Spencer

“By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.” ~ John Maynard Keynes. Inflation in America is currently running hot, with the official rate hitting 6.2% in October , its highest level since 1990. Some market commentators saw this coming, and those same players predict that higher inflation will persist.

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Under the circumstances

Seth Godin Blog

The circumstances are heavy indeed. Systems work hard to maintain the status quo. The teacher is doing the best they can. But the principal and the board and the regents and the parents… The board member got elected with great intentions. But the state and the unions and the parents… The textbook publishers want to do better, but the boards and… You get the idea.

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