re: Inflation rises 7% over the past year, highest since 1982

quote:

---

Yep we are screwed. I wasn’t alive during 1982 but how were they able to deflate the inflation then? Seems like the cat is out of the bag and we won’t be seeing any deflation of current prices

---

Read The Seven Fat Years by Robert Bartley.

Raised interest rates and tightened down on the money supply.

We've increased the money supply 40% over the last two years. The inflation is a natural result.