Yes, the politicians are nothing more than clowns making jokes! They haven’t even gotten around to admitting that everything the state spends is a net negative to the economy because they have to take the money out of the economy before they can spend it. If we used a true measure of the economy, how many bombs and missiles would consumers prefer to buy? How many new F35 fighters that are built to fall out of the sky would they want?

I think we are getting closer to the point where hyperinflation takes off. You know, Milton Friedman once said that the true measure of inflation was how much the state was spending and nothing else. Unless Trump can do what Milei has done in Argentina, I don’t think inflation will be abated.