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The inflation is world wide. Why?affecting the world was Biden's fault. Could someone explain what policy he enacted that caused inflation to spike in Europe?
Oh.1. Shutting down the world economy was economic suicide as it created never ending shortages that drive up prices
Biden has declared an end to fossil fuels, so even though production may be temporarily up, they are making plans to end fossil fuels, which involves them driving up pricesIt must have been pretty ineffective since US production of oil hit record highs under Biden.
Government has to spend some money, but $35 trillion worth?Arguably, the injection of money to spend in the hands of consumers staved off a depression.
It contributed to a spike in inflation (that has now abated) but was part of the “soft la ding” Biden achievedArguably, the injection of money to spend in the hands of consumers staved off a depression.