After two years of COVID-19, the U.S. economy is in a feverish state because inflation has overheated like never before.
There are no inquiries about savings, inheritance or property; the billions are flowing from the watering can, regardless of whether one lives at the poverty line or sits on a pretty cushion.
Because of the populists, the California dream of an enlightened humanity has become a nightmare.
The world has become addicted to unconventional measures and low rates. But like all drugs, the latter can have harmful side effects.
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