Surprising (and well-written) column, especi ally given that editorial writer Tony Keller epitomizes all that is seen in the establishment media. 
I have one quibble though. Mr. Keller claims that the U.S. economy is nearing capacity, and that this is seen as increasing future inflation. Yet much of  Trump's policies are seen to expand economic capacity through job-creating investment. And modestly increasing interest rates might help to limit inflation. Mr. Keller mentions possible asset bubbles in the U.S. economy. Surely these occur mostly with zero interest rates and slow (capacity-limiting) investment. Future asset bubbles will be occurring,  and are occurring,  in Canada. -- David Murrell in Fredericton