RE: Currency in circulation: Increasing the money supply
Posted on: December 19, 2024 at 08:56:54 CT
BH O'bonga MU
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held in the hands of consumers applies inflationary pressure on the economy. Many economists believe it is the primary motivator. There is no doubt that the various government programs designed to pump $billions or $trillions of free money into the economy during the China Virus shutdown was inflationary. Trump is certainly at fault for starting it. Biden shares responsibility, because he didn't end these programs, but perpetuated the spending spree.