Opinion

PostCOVID America: Racked by Inflation, Americans Pay Too Much for Drugs

5/3/2022|Updated: 5/4/2022

Commentary

As inflation rates soar toward 8 percent in the United States, many are feeling the squeeze and will be looking to save money, but one place where price inflation is nothing new in America is drugs. Pharmaceuticals made in the United States climbed in price by six times as much as everything else in a decade, reported the Journal of the American Medical Association in 2017.

Antony Sammeroff co-hosts the Scottish Liberty Podcast and has featured prominently on other libertarian themed shows including The Tom Woods Show, Lions of Liberty, School Sucks Podcast, and others. His is the author of “Universal Basic Income—For and Against” (with a foreword by Robert P. Murphy). His previous self-help book “Procrastination Annihilation” is free to download from BeYourselfAndLoveIt.com. Antony blogs on economic issues at SeeingNotSeen.Blogspot.com and his articles have also been published by the Scottish Libertarian Party, the Cobden Centre, The Backbencher, The Rational Rise, and ActualAnarchy.com.