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re: What is Trump's plan for inflation and reducing the federal deficit/debt?
Posted on 3/10/24 at 9:09 am to NC_Tigah
Posted on 3/10/24 at 9:09 am to NC_Tigah
quote:
If you think Biden was not blameworthy for many conditions causative of our 2021 national supply issues, you really may be out of your depth here.
Again, if it were just this, inflation would have subsided.
Our inflation was caused by flooding trillions of dollars into our money supply. Full stop. Trump and Biden both pumped trillions.
1
Posted on 3/10/24 at 9:16 am to SlowFlowPro
quote:It has subsided. Make no mistake, we may yet see "persistent inflation" fuelled by fiat devaluation. It would frankly surprise me if we didn't. We also saw signs of monetary induction in late 2020. But that was clearly not the primary cause of inflation in 2021.
Again, if it were just this, inflation would have subsided.
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