Creative Commons/Adam Jones Flickr The average American family has lost roughly $7,400 thanks to inflation , as rising prices stretch budgets and bankrupt the working class. You’d think, then, that there would be an honest interrogation into the true causes of surging prices. At least as far as the New York Times is concerned, you’d be wrong.
The Times ’s inflation coverage includes a “helpful” inflation F.A.Q. supposedly explaining what inflation is and what causes it. Their explanation for what causes inflation has some… noticeable omissions. It reads : “ What causes inflation? It can be the result of rising […]