It was a major mistake to shutdown the economy and replace real economic activity with a printing press. To make matters worse, President Biden has only pushed to spend trillions more. Joe Biden and Nancy Pelosi just don’t get it. To put a stop to Bidenflation, governments must reduce spending. This will reduce the downward pressure on the dollar while also permitting tax cuts to help provide relief for families.
Inflation is caused by reckless government spending. The answer is not to spend more!