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Almost as long as paper money has existed, unbacked paper and its inflationary implications have been around.
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Almost as long as paper money has existed, unbacked paper and its inflationary implications have been around.
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The tariffs are causing far more damage than good.
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This is the thirteenth month in a row that earnings have slipped behind price inflation, with inflation remaining above 40-year highs. That is, for more than a year, ordinary people have been getting poorer.
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During a recent speech, Vice President Joe Biden blamed inflation on firms raising prices and urged them that they needed to decrease their business costs while increasing wages. The math is up to you.
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The president is attempting to distance himself from his own substantial contributions to record gas prices and inflation.
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A pandemic parable and a Hispanic hit job
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It's difficult to think of a contemporary presidency that has disintegrated as quickly as this one.
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According to reports earlier this week, the White House has been working with major media outlets to redefine the narrative around Joe Biden's budding economy. The plot quickly paid off, with sources like as CNN, MSNBC, and CNBC suggesting that the administration was being treated unfairly.
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Due to rising prices, getting the day started became significantly more expensive in November.