FATT - I Am Betting My Blog (Once Again) On My Inflation Predictions Being Right

• Having brushed off hyper-inflation rants in prior years, I started giving inflation a lot of coverage in the last year because I believed inflation was likely to become the driver in our economic malaise in the months ahead.
• High inflation is a taskmaster that will not be ignored, not even by the Fed, which tried ignoring inflation in the '60s and '70s - to the great detriment of all.
• The only reason economists are now adjusting their predictions upward from where they were is to catch up with reality, which has passed them by. They are predicting nothing. They are merely telling us what is already obvious.

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