Author: By Christian Datoc Washington Examiner
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Do economists think inflation will last? Depends on whom you ask
The economic community is fracturing over inflation concerns caused by the Biden administration’s spending initiatives. Conservative monetary theorists interviewed by the Washington Examiner predict Congress passing President Joe Biden’s $4.5 trillion in combined infrastructure proposals will lead to double-digit inflation, yet Keynesian adherents maintain that the 10-year window across which Biden’s infrastructure investments are spread…