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

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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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