Trump claimed last week on social media that “Our economy is BOOMING, and Costs are coming way down,” and that “grocery prices are way down.” Rubbish. How do I know he’s lying? Official government statistics haven’t been issued during the shutdown — presumably to Trump’s relief (the White House said Wednesday that the October jobs […]

With a Booming economy comes at least transitory inflation: March producer prices One of the economic subjects you are going to hear a lot about this year is inflation. We are recovering from a sharp if brief recession, and with the dual firehoses of fiscal and monetary stimulus, entering a Boom such as we have […]