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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 RogerTheShrubber
Posted on 3/10/24 at 9:09 am to RogerTheShrubber
quote:Rog, inflation secondary to a flood of dollars and concomitant dollar devaluation is simply not what we saw in 2021. The dollar strengthened as inflation rose.
The government provided incentives not to work in much of 2020. They flooded the economy with cash and when we opened up, predictably it sputtered.
1
Posted on 3/10/24 at 9:10 am to NC_Tigah
quote:
The dollar strengthened as inflation rose.
Again
Just because we had less inflation than the rest of the world does not mean that we did not have inflation domestically.
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