Exactly. The LAG allows Trump to blame Biden, but most of the of inflation under Biden was caused by Fed monetization while Trump was President.
However, monetary inflation does NOT cause general price increases IF growth in GDP is equal to or more than the monetary inflation.
TEB2048 / Pleb34
npub13j…zppfu
2024-08-13 01:58:32
in reply to nevent1q…f7g3
Author Public Key
npub13j8z3jsnyj70xewlw3r9dp4kv5dl0ccftv2x7fyl3v7v3zy76apqdzppfuPublished at
2024-08-13 01:58:32Event JSON
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