By Robert Wenzel, from May 2021, includes “According to Axios, a memo being sent out by Rep. Jim Banks (R-Ind.), who leads the Republican Study Committee, urges Republican House members to play up concerns about the accelerating price inflation and to pin it on the Biden Administration. … While it is true that Biden is fueling the price inflation flames, it should be remembered that the price inflation tsunami, that is about to hit, started under the leadership of Donald Trump when the Federal Reserve increased the money supply by $4 trillion in 2020.”
Read the full article on: Economic Policy Journal