Commentary
I’ve been rather baffled on the rhetoric of the Biden administration concerning the current rampant inflation. In mid-June, President Joe Biden concluded that “Putin’s price hike is hitting America hard”.
Russian President Vladimir Putin chairs a meeting with members of the Security Council via a teleconference call in Moscow on June 22, 2022. Mikhail Metzel/Sputnik/AFP via Getty Images
Tuomas Malinen
Author
Tuomas Malinen is CEO and chief economist at GnS Economics, a Helsinki-based macroeconomic consultancy, and an associate professor of economics. He studied economic growth and economic crises for 10 years. In his newsletter (MTMalinen.Substack.com), Malinen deals with forecasting and how to prepare for the recession and approaching crisis.
