fiatdenier on Nostr: Wrong. The inflation was caused by them shutting down the energy production, spiking ...
Wrong.
The inflation was caused by them shutting down the energy production, spiking the energy prices, and deficit spending i.e. the $2T Covid package, the $1.2T Infrastructure bill, the $1.4T loan forgiveness, $800B Inflation Reduction Act, etc. They were running a $2T deficit per year the entire time.
THEY CAUSED THIS
The inflation was caused by them shutting down the energy production, spiking the energy prices, and deficit spending i.e. the $2T Covid package, the $1.2T Infrastructure bill, the $1.4T loan forgiveness, $800B Inflation Reduction Act, etc. They were running a $2T deficit per year the entire time.
THEY CAUSED THIS