Yes, it’s here. Trumpflation: that combination of rising wages, rising interest rates, a border that’s closed to low wage labor, a trade war with China, tensions with our European allies over economic sanctions, and a dropping fertility rate. What’s it all add up to? Well, it doesn’t really add up, but the result will be rising… Continue reading One Word: Trumpflation!
Tag: inflation
Inflation: Letting The Air Out Of Teacher Pay
As if being a teacher isn’t enough of a financial challenge, here’s some worse news, compliments of a front-page article in Sunday’s New York Times about the Federal Reserve possibly injecting some inflation into the economy. Right now it’s an intellectual argument, and if you’ve ever studied the Great Depression of the 1930s, you know… Continue reading Inflation: Letting The Air Out Of Teacher Pay