31 July 2024 - hangs in the air

In these dangerous days, as tension hangs in the air on barbed hooks and all circle warily, looking for more hooks--pause, back up. Why do Americans believe that inflation is a problem now? It is because too few remember the 1970s when there was real inflation, when the tension in the air flailed like a would-be suicide, when there was no shortage of hooks. We fixed it despite the B actor; we can fix it despite the fraudster.