Inflation Can Become A Political Bitch

by | Oct 22, 2021

“But inflation becomes a political bitch. People – those who work for a living – hate it when they lose purchasing power, and they hate it when their raise gets eaten up by inflation, and they hate it when their dividends and interest income get eaten up by inflation. Putin understands this. Among US policy makers, this understanding has not yet fully sunk in, though they’re signs that it is slowly spreading.”

 

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About Steven Woskow

Steve Woskow is an entrepreneur and was President of Agtech Products, Inc., a research and development company specializing in animal agriculture. He has a Ph.D. in Nutrition and Food Science from Iowa State University. He is retired and lives with his family in Northern Nevada.

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