We The People

We The People

Thursday, January 13, 2022

Is Stagflation Returning in 2022?

Is Stagflation Returning in 2022?

Government mandates, regulations, spending, and borrowing are largely to blame for this painful increase in the cost of living. These governmental actions suppressed the supply of goods and services while spurring demand. Social distancing, quarantines, and shutdowns diminished the ability to produce goods, provide services, travel, and deliver merchandise. School and child care closures made it impossible for many parents to work.

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