Here’s the uncomfortable question no one in Washington seems willing to ask: What if this isn’t incompetence? What if dismantling the old order is the plan?
Trade with China is effectively frozen. Businesses can adapt, though. Never underestimate the creativity of entrepreneurs. They will find clever solutions in even the darkest times.
At its core, inflation results from the debasement of currency—in other words, the dilution of a currency’s value through excessive creation of new money.
As the medium of exchange, money is on at least one side of every non-barter transaction. Ruin the money and you’ll ruin the economy. Ruin the economy and you’ll ruin the country.
