BIDENFLATION:
đ¨ INFLATION IS BACK UP đ¨
Wonder why?
The Fed has worked to quietly pump another $650 billion newly created dollars into the market over the last year.
This artificially gave the economy a buzz before the election, but now comes the inflation hangover.
As the money supply⌠pic.twitter.com/EzYuswALvL
— Richard A. Stern (@RichAStern) December 13, 2024
Plus this gem from Peter St. Onge in response: “The more the Fed prints, the greedier the grocers get.”
Flashback: Joe Biden, Milton Friedman, and the Tyranny of Tiny Minds.
Of all the stupid, petty, bigoted things Presidentish Biden ever sputtered, none bothers me so much as âMilton Friedman isnât running the show anymore.â
In April of last year, when Bidenâs $5 trillion âBuild Back Betterâ scheme was first percolating in the dark, shriveled mass that was once his frontal lobe, the then-candidate told POLITICO he wanted âa new stimulus âa hell of a lot biggerâ than $2 trillion.â
âMilton Friedman isnât running the show anymore,â a reportedly âfieryâ Biden told POLITICOâs Michael Grunwald.
It wasnât Bidenâs first run-in with the libertarian-leaning, Nobel Prize-winning economist.
That was 2021. Biden spent his entire term butting heads with the late Friedman â and losing.
Blame it on the grocers, kulaks, hoarders, or the Jews, but in the end, “Inflation is always and everywhere a monetary phenomenon.”