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| so, what president was that? no one since 1960, perhaps if it went back far enought herbert hoover? https://fred.stlouisfed.org/series/M2SL
it`s an unpopular thing to do (stop printing) because the more money you spend, the more "benjamins" you need in existence to service the debt.
if you have some goofy obscure loophole that biden somehow cut money supply, there`s a couple caveats for you. the irrational fear of covid and the forced reaction by congress. that unnecessary helicopter money (under guise of preventing a actual depression) caused permanent issues and bloated government debt. inflation tents to cure itself.....iff you have the disciple to quit feeding the damned monster. biden`s "inflation reduction act" is just one example that included direct money to landowners for an easement to just study if their property would support a wind farm. many $20,000 $30,000 plus checks were sent out and another couple years of that helicopter money to those who are already multi millionaires all for foolishness and that`s just one example. | |
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Inconvenient possibilities
