“If prices rise by 10%, the purchasing power of ordinary people decreases by 10%. This is because more money is needed to buy the same goods. However, if you are a wealthy individual, you might not ...

Total federal debt was $620 billion in 1976. Why 1976? In a recent column, Holman Jenkins referenced Jimmy Carter’s contention in a 1976 debate that “The best way to control inflation is to cut down ...

It was February 2021. NFL great Tom Brady had just won the last of a record seven Super Bowls. Amazon founder Jeff Bezos said he was stepping down as CEO. And an experimental COVID-19 vaccine was ...

The 2021-2023 inflation surge saw sudden and persistent increases in prices for consumer goods, housing, and assets. Wage inflation also rose, but it lagged behind other inflation measures. When wages ...

The last time inflation was low and largely invisible was in 2021. The Fed hasn't hit its 2% target since then. The last time U.S. inflation was below 2%, Tom Brady was the reigning Super Bowl MVP as ...