This is scary. You don’t reverse inflation/bring down costs by printing money. This is so basic.
First inflation was “transitory,” then it was “supply chain” related, now they admit it, but claim it can be reversed by spending more. Insanity.
Today’s report shows an increase over last month on inflation. Reversing this trend is a top priority.
My Infrastructure bill will bring down costs by reducing bottlenecks and I urge Congress to pass my Build Back Better Act — which will ease inflationary pressures.