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Comments by "" (@badluck5647) on "Fareed: How Trump and Biden hiked up inflation" video.
@harryfarber6435 Because Trump's $9 trillion in deficit spending had nothing to do with inflation when the economy opened back up?
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He is running for president. Should he not be covered?
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@RBS314 When oil companies were going out of business left and right when oil prices were low, did you feel any sympathy. So why are the companies considered villains when they are profitable when oil prices are higher?
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Because Trump and Biden increasing the money supply by 25% in 2 years had nothing to do with higher prices.
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After Trump and Biden added trillions of dollars to the money supply, you expect prices to drop?
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@JayS-777 The money's value also works based on supply and demand. If you increase the supply of money without increasing the demand (productivity), then you just end up devaluing each bill (inflation). Even when lockdowns ended, supply chains normalized, and oil prices dropped, there was still high inflation. This is because Trump and Biden increased the money supply by 25%. Inflation only slowed down when the money printing slowed down to sustainable level.
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@JayS-777 When consumer demand is high, and you add stimulus, you get inflation. This isn't like 2008 when consumer demand was low, so the stimulus was designed to bring it back towards the norm.
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What facts are you disputing?
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