Originally posted by: Charles
Dude...the money pumping only causes inflation when you inject more money into the economy than the SHORTFALL IN AGGREGATE DEMAND. Even Keynes knew that. In Biden's case the shortfall was 50 billion a month. The injection was 150 billion a month. Duh. That's why there was little inflation under Trump and out of control under Biden. Well that an his War on Fossil Fuel.
I also see you've completely forgotten about the Build Back Boondoggle what was going to pump in another 5 trillion over a few years. Every Demicrat except 2 were in favor of that. Had it passed you could add another couple of points on to our run rate. Thank God for Joe Manchin, right?
Gee...duh...supply chain issues everywhere...couldn't be an increase in demand for goods. No siree Bob.
DAWWWWWK...prices going up...somehow even with no demand, according to Charles.
Good thing Charles doesn't hold any position of authority or power!
