nato application to be ratified, it is making preparations for the border with russia. i will talk to the foreign finish minister what he thinks putin s next move will be. but first, here is my take. ron desantis emailed me and hundreds of thousands of others i imagine. our country is currently facing a great threat he began. i assume that with inflation soaring, gas prices still sky high and the economy in danger of slowing down, he would hit hard on those themes. but these bread and butter issues were not mentioned anywhere in the email. a new enemy has emerged from the shadows that seeks to destroy and intimidate their way to transform the state and country you and i would hardly recognize. as you might by now have guessed, this enemy is the radical enemy vigilante. some of this is a clever effort to tap into the base of the republican party and out flank donald trump on the kinds of issues that propelled trump into the republican nomination in 2016. and the reason new h
now for the last look, as americans seethe over high prices, it s worth remembering ininau inflation was at the heart of populism of america, not donald trump or bernie sanders but 1890s, the people s party. the populous party. they weren t complaining about inflation, it was something they desperately wanted. the u.s., you see, was going through a period of deflation from 1870 to 1890, prices fell by a cumulative 30% or 2% a year. that may sound like a good thing in today s environment, but deflation can cause all kinds of problems. one group negatively impacted, people in debt. think of a farmer getting fewer dollars for his crops every year but still on the hook for fixed mortgage payments. this dynamic contributed to the