Here Today, Gone Tomorrow!
December 18, 2021
“Transitory” inflation? I taught university economics for 41 years, including macroeconomics and money and banking, using numerous textbooks and examining dozens of others sent to me by publishers for consideration. In all those years, and in all those books, I never once ran across the phrase “transitory inflation.”
This is simply a phrase made up by the ignorant, lying fool who is Senile Joe’s Minister of Propaganda (aka “press secretary”). She is essentially saying, “Who do you believe, me or your own lying eyes (and bank accounts)?”
I expect that the phrase will eventually show up, however, in a textbook written by a Democrat political hack who is rewarded for being a Democrat political hack with an endowed professorship at Harvard.
The Mandate that Won't Go Away