"Inflation is rising at the fastest pace since Ronald Reagan was president."

"On several occasions, President Biden and high-ranking officials in his administration claimed the current bout of inflation was “transitory” and would subside sooner rather than later."

Thanks for posting This is a very grounded article about inflation and why we might not see the hyperinflation that some like Jack Dorsey are predicting. I can't help but think Central Banks are quite happy to see the levels of inflation _...Read More_

Fox Business: Twitter CEO Jack Dorsey's dire warning: 'Hyperinflation' will soon 'change everything'. [https://www.foxbusiness.com/economy/twitter-ceo-jack-dorsey-hyperinflation-warning](https://www.foxbusiness.com/economy/twitter-ceo-jack-dorsey-hyperinflation-warning) >"The report of the probe comes as the company is _...Read More_

"A film about a thief and a princess is intertwined with an all-too-familiar inflationary ideology."

Hyperinflation through Modern monetary theory lens.

"The financial chickens have finally come home to roost."

"As Lebanon suffers from hyperinflation, only a few profit from the skyrocketing U.S. dollar's exchange rates."

"If the U.S. economy descends into an inflation spiral like that experienced after World War II, we could be on the brink of excruciating economic pain. However, the profligate spending by Congress is only part of the problem."

"After a generation of progress, social mobility is slowing in Brazil."

"The average price of US goods and services surged in April, leading some to worry the economy is beginning to experience dangerously high levels of inflation. A scholar explains why that's unlikely."

Important article from Noah Smith. The people making policy quite simply have no idea how much spending (/borrowing) is too much. No one is in control.