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An Easy-to-understand Explanation for High Inflation and How to Fix It

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Michael Busler

Michael Busler, Ph.D. is a public policy analyst and a Professor of Finance at Stockton University where he teaches undergraduate and graduate courses in Finance and Economics. He has written Op-ed columns in major newspapers for more than 35 years.

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One Comment

  1. So here’s my analogy of what has happened. A drunken, demented, senile pilot steals a plane with near empty fuel tanks and takes off on a sunny day. He aimlessly wanders around and around at various altitudes and headings completely ignoring the controller’s voice in his headset and gets lost. Suddenly his tanks are empty and as he glides towards the ground he ignores the need to make a decision about where to safely land. Now, TODAY, at 100′ he has two choices- land on short flat ground just before a 1000′ precipice with inevitable fatal results or crash land into the ocean beside it. A moment of clarity interrupts his stupor long enough for him to decide to ditch in the ocean but as he approaches he sees that the water is teeming with sharks waiting for him.

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