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The United States Has an Inflation Problem

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The United States Has an Inflation Problem
A customer shops for meat at a Safeway store in San Francisco, California on Oct. 4, 2021. Justin Sullivan/Getty Images
Milton Ezrati
Updated:
Commentary

While Beijing pretends that China’s debt problems are manageable, Washington pretends that the country’s building inflation problem will simply go away. The leadership of each country is kidding itself.

Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."
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