Trump is causing real inflation. Here’s why it’s so insidious

Posted 3 hours ago by

Washington Examiner

Inflation, an increase in the general money price level (“nominal inflation”), causes substantial concern across households, boardrooms, legislative chambers, and central banks alike. It erodes the real value of fixed pensions and annuities and income from bonds. It increases income taxes. It distorts business and government decisions. However, since wages usually go up with inflation over []