Founder’s Folio: Heed lessons of history on money and inflation

Chris L. KennyGovernment, Headlines

Early printing of paper money. (Photo from New York Public Library). Inflation has arrived with many of its hallmark indicators. A charged-up economy stoked by shortages, price hikes, money printing and spending is fueling the modern inflation boom. Almost everywhere we look, we see increased prices from lumber and housing to food and clothing, not to mention ever-reducing product sizes …