Friday, December 31, 2021

How Biden's Agenda Is Causing Inflation

Very recommendable! Well done! Since 2008 interest rates are at about zero, federal government debt and federal expenditures have tremendously increased. Raising interest rates will be necessary, but it will cause serious pain especially given the increase in interest payments on federal debt. The concomitant asset price inflation was not even mentioned in this video (e.g. housing price bubble).

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