BORTINS: Free markets produce better outcomes
The things you used to buy, you can’t find; and if you can find it, you can’t afford it. Inflation is when your hard-earned dollars buy less than what they did in the past. If you had $100 in your pocket on Jan. 1 of 2020, it will only purchase $94 worth of goods on Jan. 1 of 2022. In March of 2021, I called a friend who sells used cars in the Triangle about vehicle prices spiking. He replied, “Don’t worry. The federal government says it is transitory.” I told him it wasn’t. Now the government is telling us…