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7/1/2025, 5:29:30 AM
>>714137383
It's not like that at all.
To cover government spending, which the Biden administration committed in abundance, more dollars have to be printed to afford their expenditures. Due to the fact that the US Dollar is a fiat currency, an overabundance of supply causes it's value to collapse, thus driving prices up.
Trump at least had the goal of cutting government spending so inflation doesn't keep going up. Getting prices down after the dollar has already lost so much value is extremely difficult, and would involve the economy going into a recession where consumers would stop buying at such a scale that companies would be forced to lower their prices to get people to buy from them again.
It's not like that at all.
To cover government spending, which the Biden administration committed in abundance, more dollars have to be printed to afford their expenditures. Due to the fact that the US Dollar is a fiat currency, an overabundance of supply causes it's value to collapse, thus driving prices up.
Trump at least had the goal of cutting government spending so inflation doesn't keep going up. Getting prices down after the dollar has already lost so much value is extremely difficult, and would involve the economy going into a recession where consumers would stop buying at such a scale that companies would be forced to lower their prices to get people to buy from them again.
6/14/2025, 3:46:42 AM
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