Opinion
They finally figured out how to lower inflation!
We all know that inflation has been well above the Federal Reserve’s target rate of 2% for nearly two years now.
It peaked at over 9% last June and has remained stubbornly high since then.
But it seems like the bureaucrats have finally found a way to reduce inflation.
No, it has nothing to do with reducing regulations, cutting taxes, and re-embracing capitalism.
The bold solution that our courageous policymakers have come up with is to change the way inflation is calculated.
This article originally appeared in Sovereign Research.