The posturing that inflation is such a “surprise” is typical, but shameful nevertheless. No one should be surprised that prices are skyrocketing after the government spent many trillions that it doesn’t have. Further, it was only able to spend those trillions because the Fed counterfeited the money out-of-thin-air. Today’s economic suffering could not be more predictable.
The Ron Paul Institute for Peace and Prosperity is a project of Dr. Paul’s Foundation for Rational Economics and Education (F.R.E.E.), founded in the 1970s as an educational organization. The Institute continues and expands Dr. Paul’s lifetime of public advocacy for a peaceful foreign policy and the protection of civil liberties at home. Visit http://www.ronpaulinstitute.org