Here is what is in the bilateral infrastructure law that Parliament intends to adopt — and how it is paid

The two-party Infrastructure Act was passed by the Senate on Aug. 10 by a 69- to 30-vote vote, with Senate Minority Leader Mitch McConnell among 19 Republicans who joined 50 Democrats in the chamber to support the long-awaited move. But the bill still hasn’t become law, as it needs to clear the House of Representatives … Read more

Why this “perfect storm” for inflation will push Americans back to work and cool speculative markets

Investors are now experiencing a complete storm of inflation in the US Complete storms arise from seemingly small factors. Each in itself may not be particularly important, but the overall result is an event that significantly exceeds the sum of the parts. Inflation is always caused by too much money hunting for too few commodities. … Read more

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