A problem that I see about reporting on inflation is there is little understanding nor explanation for why inflation is occuring, only assumptions. Gas prices are clearly rising, but why? It seems that gas prices always rise in the spring and summer and most assume that is due to demand. A related and important question, what can be done about it, and what could a President of the United States even do about it? My personal suspicion is that contrary to popular opinion, there is little that a Preside can do about most economic factors like inflation because they are driven mostly by the private sector.
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Notes From The Cave 