Stories >> Economics

Peter Morici: Powell and the Fed are enabling the Biden inflation


Huge increase in federal deficits in next few years will bring back inflation with a bang. President Joe Biden's budget deficits threaten to ignite the kind of inflation that followed the Vietnam War and Great Society, and Federal Reserve Chairman Jerome Powell appears content to enable him. The president inherited most pieces for a

Click to Link




Posted: June 23, 2021 Wednesday 06:00 AM