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By now you’re well familiar with the right-wing knock on Bidenomics, which is mostly that it created ruinous inflation. That’s pretty obviously wrong. Inflation has fallen by two-thirds over the past year, and French economist Olivier Blanchard, who had predicted the 2021 Covid-19 stimulus would create inflation, coauthored a June paper with Ben Bernanke conceding that it did not. (The supply chain was to blame.) That same month, Republican National Committee Chair Ronna McDaniel attacked Bideno
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