Human nature stays the same across time and space. That is why there used to be predictable political, economic and social behavior that all countries understood.
The supply of money governs inflation. Print it without either greater productivity or more goods and services, and the currency cheapens. Yet America apparently rejects that primordial truism.
The United States is more than $28 trillion in debt – about 130% of the country’s annual gross domestic product. The government will run up a $2.3 trillion budget deficit for 2021 after a record $3.1 trillion deficit the year…
