• 27myths
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    8 months ago

    I feel like you’re skating past all the points I’ve mentioned. Do you agree or not?

    Yes, Dems were pushing for stimulus checks. I was personally against it on a macro level but I would like to believe it was crucial to some families. Ultimatly, that was a drop in the bucket compared to interest rates and QE.

    Spending is a different animal. Government spending doesn’t really equal inflation. Ultimately I don’t care if you’re spending it on “good” things. Republicans won’t mind military spending and Dems won’t mind whatever it is they care about. All that is very subjective and not really my wheelhouse since I don’t look at yearly budgeting and I don’t think most do.

    But when we’re talking about inflation what we’re talking about is new money flowing into the economy. We aren’t taking about a presidents spending plans.