Mises Wire
Author:
Joseph Solis-Mullen
Online Publish Date:
As it began rapidly expanding the money supply early in 2020, the Fed confidently assured the public there would be no unanticipated or serious rise in inflation. Now that their projections have failed to materialize (in fact, their forecasts were off by almost 40 percent ), they assure us that this will be but a temporary spike. But for the sake