This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact The Epoch Times Reprints.
According to the Bureau of Labor Statistics’ (BLS) latest price inflation data, CPI inflation in March rose to a seven-month high, and price inflation hasn’t proven nearly as transitory as the regime’s economists have long predicted.
Ryan McMaken is the editor of Mises Wire and The Austrian. He has degrees in economics and political science from the University of Colorado and was the economist for the Colorado Division of Housing from 2009 to 2014. He is the author of "Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre."