Forget about his horrible policies screwing the country, what I will never understand are people still denying that he has dementia
Forget about his horrible policies screwing the country, what I will never understand are people still denying that he has dementia
How did Biden cause inflation?
Check out all the government spending soon after he took office. Study the spending bills from the totally controlled Democrat congress that he signed. Then check out how any of those trillions spent (our tax dollars) benefited you. Government spending causes inflation. If you start with 5 one dollar bills they are each worth one dollar in spending power. If the government PRINTS 2 additional dollar bills now your five dollars is worth less. It’s that simple. It was so absurd they told that they needed to print even more money to reduce inflation. They must think very little of the intelligence of their audience to think anyone would believe such a complete contradiction
Yes, but…is government spending the only cause of inflation?
It is always the major cause. Just think about it. Imagine if you could just fucking print as money currency as you wanted. The more they print the less what you have is worth. Simple math
If it was always the major cause, then what impact did lesser causes, like inflationary price increases by corporations or supply chains issues, have?
I don’t intend to pursue this into oblivion just to say, “Ah ha! You don’t know all!” I’m not going to do that. I swear.
supply issues were caused by covid bullshit. If you have an insane reaction to a really bad strain of flu that is deadly to those already circling the drain, then you close down factories and obviously cause supply issues.
Right, but my question is what effect do you think that had in inflation relative to government spending and why?