Wednesday, December 14, 2022

Surprise, surprise, right on schedule progressive Robert Kuttner attacks the 2 percent inflation target in favor of 4 percent

 It all sounds very persuasive, as long as you forget how inflation impoverishes the lower classes and keeps them down so that the elites can continue to milk them like slaves year after year. 4% just does it twice as fast as 2%.

The little people are an afterthought to the left.

This is the "inflation is actually good" talk you hear from lefties from time to time.

Story here.