Terence Corcoran: Flattening the curves of inflation

Bank of Canada 20210714 Citizens are marching through the streets of Paris over inflation. The U.K. government is on the brink of imploding. Joe Biden says the U.S. economy is "strong as hell" while economists forecast a major recession. Central bankers are evading responsibility. The American dollar is soaring while the Canadian dollar is down near 20-year lows as the Federal Reserve is urged to keep interest rates high. The public debt of all governments in the world, based on The Economist magazine's global debt clock, is approaching $60,000,000,000,000, with governments around the globe piling up debt on the backs…