A Growing Problem

[Jon]

@Jolly said in A Growing Problem:

Isn't much of the interest rate hike Biden's fault?

Substantially all of the inflation was created in 6 weeks on Trump’s watch by Trump’s appointee. Like Professor Friedman worked out in 1959, there was an 18 month lag between the money supply shock and the subsequent inflation surge.

[Copper]

It is a mildly interesting coincidence that there is also an 18 month lag between when Hunter Biden used his father as leverage while negotiating a six-figure business deal with a Chinese associate and the Leak at Wuhan.

[Renauda]

@Jolly

Nah, you brought her, you crack her.

Actually you were the one who referred to yourself as the bird brain - although I understand that parrots are fairly intelligent as far as birds go.

[taiwan_girl]

@Jolly said in A Growing Problem:

Correct me.

US Money Supply

President Trump
Jan 2017 = 13,283
Jan 2021 = 19,357
% change = 45.7%

President Biden (to date)
Jan 2021 = 19,357
May 2023 = 20,805
% change = 7.5%