Sadly, two renowned professors used their knowledge to write a political pamphlet.
Public debt per capita has almost doubled over the last 10 years. This is the real reason for inflation. The COVID-related supply disruptions caused an inflation peak, unveiling the weakness of the economy. Instead of being prosperous from productive work, Americans more than ever get from all forms of government welfare.
Our professors forgot about the case of Argentina. With their advice and applause from Mitchell Peterson and most of the commentators, the United States is on the Argentinian path.