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John Browne is a columnist and editor for the financial section of NewsMax.com, which pushes hard on the themes of doom, gloom, and depression (the economic kind). For a long time Browne has been warning readers about the destruction of the dollar and out-of-control inflation. This week, Larry Kudlow, on his CNBC show Kudlow & Co., called Browne on all this pessimism: Where’s the inflation? Larry asked. It’s not in the CPI, which is low. It’s not in interest rates, which also are low. Stocks certainly don’t seem to be worried about a coming financial Armageddon. So what gives?
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