Inflation Is Irrelevant If You Can’t Buy Anything Anyway

Inflation worries are pushing down approval ratings for President Biden and the Democrats. But this might be one of those cases of two wrongs making a right. Or maybe three. You can’t really spend extra money on higher prices if there’s no one around to sell you a product, or if the product is still stuck on a container ship somewhere.

Consumer Confidence

Consumer confidence hits new lows. Gee, what a surprise–no one has any money, nor any prospect of earning any.

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