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US Desperately Needs a Long Deflation

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US Desperately Needs a Long Deflation
The Federal Reserve building is pictured in Washington, D.C., on Aug. 22, 2018. Chris Wattie/Reuters
Jeffrey A. Tucker
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Commentary

Consumer Price Index (CPI) day has been the same for most of the past 12 months. The numbers come in, and they’re not good. The mainstream media, however, immediately broadcast the Biden administration spin that inflation is easing, so stop worrying about it.

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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