Bad Government, Bad Inflation
While inflation spirals out of control in America, Sen. Elizabeth Warren is content to blame corporate greed. “This is about price gouging,” she says.
Nonsense! Prices change because of supply and demand and inflation results from too much money chasing too few goods. Economist David Henderson tells John Stossel that’s exactly what’s happening with our government. In the last few years, the Federal Reserve has printed more money than ever before and, once inflation starts, it’s hard to stop. Here’s Stossel’s report.