The Progressive Threat
Summary: Everyone in Washington understands the basic causes of inflation. If you print more money than you can back up with real assets like gold, you devalue your currency and make everything cost more. If you declare war on fossil fuels, shut down pipelines, close vast oil fields like ANWR, and don’t approve drilling licenses generally, you cause the price of everything to go up, because virtually everything requires energy to produce. If you spend vast amounts of government money inducing individuals not to work, employers will raise wages to entice them to work, and that, too, will cause prices to go up.1 It’s not rocket science.