Inflation Reduction Act May Become a Misnomer

When I was a young man I learned that solving a problem takes pretty much as long as creating it. We have created the foundation for our current inflation for the last 30 years at least. Maybe it won’t take us 30 years to resolve it but it’s also not going to be an act by one of those who gave us the problem that will even start resolving it. And throwing tons of freshly printed money onto an inflationary market just adds fuel to the fire. North America will get lucky as cheap energy will help it to re-industrialize and get up again. Europe won’t be so lucky. 

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