Re:Former President Trump is projected to win the presidency
by aeyes on Wednesday November 06, 2024 @05:52AM
(#42059824)
5 Trillion added to the Fed balance sheet is not a small handout. They didn't o ly hand out money to individuals but also gave to businesses and propped up the bond market.
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Re:Former President Trump is projected to win the presidency
by kelnos on Wednesday November 06, 2024 @02:40PM
(#42068085)
Let's not forget, though, that Trump is the one who kicked this off: he signed the first COVID-related stimulus package ad the end of March 2020, to the tune of $2 trillion.
Given that he was only in office for the first year of the pandemic, it seems reasonable that Biden signed another $3 trillion away. If all that caused inflation, Trump and Biden deserve the blame together.