Friends, everyone should read this stimulating analysis of "Bidenomics". It proposes that Biden is essentially returning to the big spending, inflationary policies of the 1960s and 70s. If so, he risks steering us into another bout of "stagflation" -- possibly much worse than before, because, once we've printed and borrowed our way into an historically deep hole, we won't have the equivalent tools to rescue ourselves. Anyway, Pinkerton's article merits our attention. See what you think. BTW, he glosses over just how Reagan got us out of the stagflation mess. He says it's all about tax cuts. He doesn't mention that Reagan raised taxes after he cut them. In addition, he doesn't mention the punishingly high interest rates we suffered under in the late 70s and early 80s. He doesn't mention the influence of oil prices either. He doesn't mention a lot of things, but he nevertheless provides food for thought.