Donald Trump wants voters to stay incensed about inflation, even though President Joe Biden has brought inflation down to 3.4 percent from a peak of 9.1 percent. “The American people CANNOT afford [Biden’s] inflation nightmare,” Trump, who is by far the more inflation-friendly candidate, said earlier this month on Truth Social. But inflation isn’t what this election is about—not for the billionaire donor class, anyway. It’s about keeping rich people’s taxes low. That’s the largely unspoken reason why respectable CNBC talking heads like JPMorgan Chase chief executive Jamie Dimon, billionaire investor Nelson Peltz, private equity macher Stephen Schwarzman, and hedge fund tycoon Kenneth Griffin
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