The left's bad solution to inflation
I think it is time to retire the “Civil War on the Left” series and replace it with The Liberal Crackup, because the left is indeed crumbling. And let’s start with the genius idea for a remedy for inflation: price controls! That’s the recommendation from (who else) The Guardian....
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Inflation was caused by increasing the money supply and huge government spending programs. History has shown that stopping doing the things that are causing the problem is more effective and imposing more regulations.
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