WELCOME BACK, CARTER! Three Ways Rising Price Inflation Hurts Everyday Americans.

As Biden himself warned, “Milton Friedman isn’t running the show anymore.” And we’re all paying for Biden’s rejection of sound economic policies. “The irony is that Biden’s rejection of Friedman’s teachings on money, taxes, and spending may bring about the same circumstances that established Friedman’s preeminence. In a year or two, the American economy and Biden’s political fortunes may look considerably different than when Janet Yellen blurted out the obvious about inflation. Voters won’t like the combination of rising prices and declining assets. Biden’s experts might rediscover that it is difficult to control or stop inflation once it begins. And Milton Friedman will have his revenge.”