So Team Brandon will stop endlessly printing money to reduce inflation? As Milton Friedman has said, “Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.”
We technically are in a recession, but Biden and many in the DNC-MSM have been holding off on actually calling it that so that they can wait until there’s a GOP majority to blame. But Biden’s crankery is the mirror image version of what Virginia Postrel dubbed in December of 2008, “Depression Lust, and Depression Porn,” when Obama-worshipping Democratic Party operatives with bylines wanted American to get it good and hard, so that Obama could enter into office as the next FDR conquering the Depression. (I know, I know. But that was their mindset.)
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