This week, Samuel Gregg, Stephen Barrows, and Michael Matheson Miller discuss two topics. The first is the ongoing rise of inflation in the United States. Whatever happened to “transitory inflation”? Who benefits and who doesn’t from inflation? What needs to be done to bring inflation under control? Then this week’s all-Catholic team weighs in on a broader topic: the state of the Catholic Church around the world today. Much of the Church seems to be in disarray, whether it’s the resignations of bishops, the state of the Church in Germany, the Synod on Synodality, disputes about Holy Communion and liturgy, or the Vatican’s deal with the Communist regime in Beijing. We discuss some of the underlying causes, but also where we can find signs of hope.

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How do you feel about inflation? The answer will help determine its longevity | Wall St Journal

El-Erian says ‘transitory’ was the ‘worst inflation call in the history’ of the Fed | CNBC

Inflation: Prices on the Rise | IMF

Inflation surged 6.8% in November, even more than expected, to fastest rate since 1982 | CNBC

Ratzinger’s Cross | Public Discourse

The Vatican Would Profit from the Views of This Jesuit | Alejandro Chafuen, Forbes

After Two Decades, Abuse Crisis Has Humbled the Catholic Church | The Wall Street Journal

China’s Catholic Leviathan: Jesuits and the Sino-Vatican Agreement | Catholic World Report

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