When your outgo exceeds your income, your upkeep is your downfall. – Sid Taylor, former research director, National Taxpayers Union YOUGHAL, IRELAND – Yesterday, we began our look at the Big Bang… the end of an empire… the grand finale in a Katastrophenhausse. That’s when the you-know-what hits the fan. Trouble is, you-don’t-know-when… or exactly how. Our observation is that inflation is not always and everywhere a purely monetary phenomenon. In fact, it never is. Instead, part cause and part effect, it unsettles and disrupts. It mixes with politics and social movements… an...