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What It Means for Inflation to Be Embedded

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What It Means for Inflation to Be Embedded
People shop at a grocery store in New York on May 31, 2022. Samira Bouaou/The Epoch Times
Jeffrey A. Tucker
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News Analysis
Every economic press release these days is an exercise in downplaying disaster. The bureau in question carefully crafts the results announcement, and the media picks up on it, spinning the bad news as good news. It seems to happen every time, such as with the terrible jobs report last week that somehow got rendered as a wonderful jobs creation. The reality is far grimmer.
Jeffrey A. Tucker
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]
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