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by JumpCrisscross 1345 days ago
> cause of inflation is excess money created by the Fed (i.e. things like the $2 trillion "stimulus" package)

You’re mixing up fiscal and monetary policy. Congress and the Fed.

2 comments

...very much as usual. There's a lot of well-poisoning going on in this discussion, from multiple sources.
The Fed creates the money that Congress wants to spend.
That's very much not how things work.