@EmilySm43 Kate Bush, Pat Benatar, Aretha Franklin, Adele, Kelly Clarkson, Alicia Keys, Ariana Grande, Pink, Rhianna, Nina Simone, Ella Fitzgerald, Donna Summer, Ann Wilson, Dianna Ross, Billie Holiday, Cher, Christina Aguilera, Mary J. Blige, Annie Lennox, etc...
Taylor is good but... ?
That is not #inflation.
That is poor financial management and tax policy.
Inflation would be if government spent $100 on pencils made in America one year and the same amount of pencils cost $200 the following year.
(Not accounting for some idiot instituting a blanket tariff policy of course.)
Irresponsible spending financed by excessive borrowing is inflationary but that is like blaming the credit card company for a teenager’s reckless spending.
Spending more than you earn seems to be the American way. No wonder your credit markets are so screwed up.
In the scenario you laid out the only part of the government that is doing its job is the @federalreserve.
It is up to Congress to be responsible with taxpayer dollars.
Article 1 sections 8 & 9.
The senate is not blameless here either.
This isn’t even counting Trump’s spending.
What are you guys going to do when us treasuries are sold off by the nations and institutions you are borrowing from and interest rates spike?