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flatspin

9,680 Posts.

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16/09/24

09:01

Post #: 75686703
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Originally posted by spinefx: ↑

Flatie,

Good to see you have at least a base level understanding of how this works.

You failed to mention that the Trump Admin pumped over $2 trillion into the economy as part of the CARES Act.

We know that inflation is a lagging indicator, so any inflationary affect of pumping $2 trillion into why economy would only happen at a point in time after the event.

So as you stated, pumping free money into an economy would lead to a period of inflation, regardless of which admin was in charge?

Or as a RWNJ you have such a partisan blinkered view of the world that only the other side ever cause inflation?

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No, once again, you demonstrate that you don't have any idea of economics. It was Biden that pumped the money into an economy that was already recovering, against the advice of many economists.
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