08/01/2022 No. 182
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Biden loses the inflation blame game
By David P. Goldman
July 1, 2022

There’s no inflation, and if there is inflation it’s temporary and it’s the fault of greedy oil companies or the fault of Vladimir Putin. The Biden Administration’s messaging on the worst inflation in forty years has morphed so many times that the president’s top officials can’t keep up with it. Meanwhile, Western sanctions imposed on Russia have split the oil market into two tiers.



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