Inflation simply means that prices are rising. There is only one reason for that: total demand in the economy is greater than total supply. Why is that occurring today? Let’s first make some basic ...

What an around-the-mulberry bush explanation for inflation. It doesn’t matter which party is in the White House. The simple and honest answer is more jobs and higher wages increase household incomes ...

When Americans found themselves flush with stimulus funds in 2021, they were more than happy to go out and spend that money. And that’s what lawmakers wanted — the purpose of sending out stimulus ...

For some time now, prominent economists have warned that the only way to break the fever of inflation would be by pumping up unemployment—in other words, by triggering a recession. Former Treasury ...