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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (10559)	3/13/2023 5:35:34 AM
From: elmatador	Respond to of 13832

Remember that? Inflation causing pain? roll out sweeping $1.7 trillion funding bill Message 34124038 American Rescue Plan (ARP) and Inflation Reduction Act (IRA), have overstimulated the economy, increased inflation on Americans, and provided slush funds for Democrats’ radical agendas. Subcommittee Republican members warned that Americans are still facing higher costs due to historically high inflation and the risk of a recession, yet the Biden Administration has ignored the damage they have done to the economy in pursuit of even more damaging tax hikes and spending. Despite warnings from Republicans and even former President Obama’s own economic advisor Larry Summers that the American Rescue Plan would trigger inflation, the Biden Administration and Congressional Democrats rushed through trillions of dollars in spending and fueled the highest inflation in more than half a century. But we know Only governments can create inflation Mlton Friedman