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blaine , (edited )

Watch some of Larry Summers talks - he predicted this inflation as Biden was gearing up to pass the IRA. He bailed out deadbeat students, screwing over people like me who worked their way through college. This increased the amount of money circulating in the economy. Then he printed trillions of dollars to hand out to folks, increasing it even more.

Biden’s policies directly contributed to and exacerbated inflation, rewarding irresponsible actors and punishing responsible ones. Even democrats and progressives (such as Larry Summers) can see this.

In case you don’t know, Larry Summers was Secretary of the Treasury under Clinton and Director of the National Economic Council under Obama (and the President of Harvard in between) - so this isn’t some far out right-wing talking point. Biden wanted a big bailout bill to take credit for, and he fucked the economy in the process.

Edit: I see downvotes, but no rebuttals. So I’ll double-down with links to the interviews I’m referencing.

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