[coob]

You can do one of those overnight, the other not so much.

Also: spending without revenue creates a deficit, not necessarily inflation.

[sokoloff]

It does tend to create inflationary pressures via an increase in the borrowing cost of government (often expressed as the government bond rate), which in turn makes the entire cost of many other forms of borrowing more expensive, which in turn changes the expectation of what a dollar or Euro or pound is worth today as compared to what it will be worth in a year's time.

[cloutchaser]

He didn't say overnight. Who said that?

And Sunak just cancelled all fracking that Truss wanted to start. So the UK has basically decided to NOT have any form of cheap energy.

You reap what you sow.

[midasuni]

Sunak is keeping the van on wind power. Every agreed that fracking wouldn’t help with the energy crisis.

[thoughtstheseus]

Markets price in updated expectations immediately. Maybe they don’t price it right but they do price it.