Sorry! THIS is the bitter fruit of Leftism. Always.
Despite the Fed jacking up interest rates faster than at any time since the inflation-crushing Reagan-Volcker hikes of 1981 — and sucking liquidity out of the economy via quantitative tightening (QT) — inflation remains stubbornly above the Fed’s 2% target… and it could come roaring back thanks to growing cracks in the foundation of Bidenomics.