Kamala Harris is promising to fight inflation by cracking down on corporations engaged in price gouging. But the idea that artificially high prices are, in any meaningful way, responsible for inflation is extraordinarily naive. Here, Larry Kotlikoff and I discuss the subtlety of inflation and why not all of its consequences are bad.
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Kamala Harris: woefully ill-equipped to devise any kind of fiscal policy for the US. In other news: water is wet.
That isn't her plan, she doesn't have a plan.
That is just something they put on a teleprompter for her to read.