Guest Column: Trumpflation, not inflation |
Bueller? Bueller? It is time for a quick little economic lesson.
The price increases we are getting ready to see are not inflation, they are public policy driven.
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A side effect of President Trump’s war with Iran is higher gas prices. As high gas prices work their way through the economy, it doesn’t just mean higher prices at the pump, but also higher prices on all goods as transportation costs increase. The Trump administration has claimed that a short-lived increase in fuel prices is worth it for the long run........