Against the odds, the Federal Reserve’s effort to guide the U.S. economy to a soft landing — reducing inflation without causing a recession — seems to be […]
Tag: high prices
‘Greedflation’ theory no longer the fringe
“Greedflation” is an economic theory that emerged around 2021 as an explanation for the sky-high inflation we were experiencing. At first, even mainstream economists considered greedflation a […]
Like in the 1970s, bad economic news haunts Biden
U.S. gross domestic product shrank 1.4% in the first quarter at the same time inflation continued to soar. For older Americans, that combination conjures memories of 1970s […]
Avian flu making inflation worse
A deadly epidemic has struck birds across the Midwest and, while it’s no COVID-19, the consequences are far-reaching. Avian influenza, often called bird flu, is spreading from […]
The high price of meat: Look at the packing industry
It’s not every day that the Biden administration and Texas Agriculture Commissioner Sid Miller agree. In fact, it’s more like a total eclipse of the sun. But […]