Inflation By Any Other Name, Part 3

You can’t say it often enough: Those people in the Eccles Building ought to be tarred, feathered and run out of the Imperial City on a rail.

They are literally destroying the signalling system that makes capitalist prosperity possible. So doing, they are also putting paid to what used to be called the American Dream among the everyday citizens who inhabit the flyover regions of the nation.

Owing to decades of reckless money-printing, inflation is rampant, and it takes on all the worst kinds of shapes, even as it functions as the Great Discriminator: That is, savers, retirees and wage workers get hammered, while speculators and the already wealthy financial asset owners harvest unspeakable windfalls.

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