Most Americans don’t realize this, but we truly have entered historic territory. As you will see below, the inflation crisis of 2022 has now escalated to a level that is beyond anything that we experienced during the horrible Jimmy Carter era of the 1970s. If you are old enough to have been alive back then, you probably remember the constant headlines about inflation. And you also probably remember that it seemed like the impotent administration in power in Washington was powerless to do anything about it. In other words, it was a lot like what we are going through today. Unfortunately for us, this new economic crisis is still only in the very early chapters.
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