So Joe Biden spent basically $4.7 trillion after the economy had already come out of COVID Remember, we spent about $4 trillion during the heart of COVID So he spent 4.7. Well, when you spend that amount of money, The Federal Reserve had to monetize that debt. And in that process, they increase the money supply by enormous amount. Well, what is inflation? Inflation is too much money chasing a fixed amount of goods and services. (02:04–02:13)
CLAIM
Asserts that the Federal Reserve monetized the debt from government spending.
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