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Be Careful of the Inflation You Don’t Wish for

Conventional economic wisdom harbors a great fear of inflation. But deflation is even worse. It is entirely possible that the economy will seize up again as people decide to stay home and away from stores during the rise of the omicron variant.

Ted Rall
Ted Rall is a syndicated political cartoonist for Andrews McMeel Syndication, WhoWhatWhy.org and Counterpoint. He is a frequent contributor to The Wall Street Journal, a graphic novelist and author of many books of art and prose, and an occasional war correspondent. He is, recently, the author of the graphic novel "The Stringer."
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