• mozz@mbin.grits.dev
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      1 month ago

      Okay, so you don’t know. Here’s a very in depth article about it – briefly summarized, most of the idea that Biden printed money or caused inflation or pain for working people is pure outlandish fantasy. But, his explicitly working-class-friendly policies (summarized here) did “cause inflation” to a certain extent – basically, by keeping people employed and eating, they were able to bid up the price of goods, which spread the pain of the Covid recovery (pretty much limited to the singular year 2022) across the entirety of the economic spectrum when inflation was going to happen anyway. But that’s a good thing, and a very rare reaction for a US policymaker to have. And again, that inflation was actually in the final analysis near the bottom of what other countries experienced anyway.

      IDK man. You’re right that I was being condescending about it. But I think your analysis is completely wrong, and I think that explicit propaganda which looks very similar to what you were saying is very damaging to the politics of this country.

      Let me try a different way, more polite: If I got you wrong and you were trying to say what I said above, then sure, I apologize. If I had you pegged right and you were just claiming that Biden was printing money because that’s a fun thing to say, then I stand by it.