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The Inflation Rate Hit 18 Percent Last Year, Worse Than Carter Era

The Inflation Rate Hit 18 Percent Last Year, Worse Than Carter Era
President Joe Biden pauses while speaking about the economy in the South Court Auditorium at the Eisenhower Executive Office Building, next to the White House, on Jan. 12, 2023. Andrew Caballero-Reynolds/AFP via Getty Images
Jeffrey A. Tucker
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Commentary

The past several years of economic reporting have been dominated by lies. They have lied about the jobs numbers. Full-time jobs are falling and have been replaced by part-time jobs. They have lied about retail spending. Once adjusted for inflation, it’s largely flat.

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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