Funny Pics
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@taiwan_girl see post https://nodebb.the-new-coffee-room.club/post/324592
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@jon-nyc said in [Funny Pics](/post/324914): > Funny, you didn't apply that logic when Trump quadrupled the money supply and inflation peaked 18mo later. No, I didn't. As a matter of fact, I don't think I blamed Biden for it either. I may be wrong there, but I'll accept it if you can show me where I did. IIRC, I linked to graphs, etc., but I never explicitly blamed the ODGCM for it.
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@jon-nyc said in [Funny Pics](/post/324914): > Funny, you didn't apply that logic when Trump quadrupled the money supply and inflation peaked 18mo later. You misspelled Powell… In all fairness, I think that I’ve consistently blamed Trump and the Democratic Congress as much as I blamed Biden. Let’s not pretend that Biden and friends wouldn’t have dumped just as much or more… But Biden also gets blame for the last round, the Inflation Reduction Act, and many other policies that worked against the attempts of the Fed to get cash out of the M1.