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I’m sorry when did this inflation thing start again? I’m not a trump fan, and he spent like crazy too, but Biden was next level. Stimulus after stimulus and ac

• garciasn 3y ago
  Trump was using his bully pulpit to push the Fed to keep rates very low to drive stock market investment (which Trump and by extension his administration used as an improper measure of a strong domestic economy) and a red hot economy. That, coupled with the insanity of COVID on world-wide markets, helped to fuel even more inflation now. Being that we have more traditional politicians in power, they aren't pushing the Fed to keep rates low and allowing them to do their job in bringing the market back under control. The problem is that while inflation, aside from COVID, didn't happen under the Trump Administration, his public commentary and public policy have very likely driven more inflationary effect today. That's not a question nor a surprise.
  • zpeti 3y ago
    Everything you list here every president and government has done since the dotcom crash 23 years ago. Every executive has pushed for low interest rates since then and Greenspan, bernanke and everyone else complied. This is not a trump issue, it’s also not a Biden issue, but Biden certainly exacerbated the problem more than trump.