The Pomp Letter
The Pomp Letter
Inflation, Price Gouging, and Price Controls
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Inflation, Price Gouging, and Price Controls

To investors,

President Joe Biden spoke yesterday at the Glasglow conference in Scotland. After his speech, he began to take questions from the media and was asked about inflation. Now I don’t expect any politician to come out and say the fiscal and monetary policy decisions are directly responsible for increasing prices, but I definitely didn’t expect t…

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