We’re in for a tough winter but there’s hope. Forecasters expect our economy to rebound robustly and inflation to surge, as consumers spend the cash they saved during the lockdown. Today, mainstream economic forecasts fall within a fairly narrow band. The narrative, in simple form, acknowledges that we’re in for a tough winter but predicts that we’ll be on our…

I’ve written posts like this one before many times. Every time that I do, a detractor or two will conclude that the post was written out of spite or jealousy, not giving me enough credit, after all these years, to simply tell it like it is. In the past, these stories are usually from the other side of the table:…