Sigh. What drove inflation was $5 trillion of pandemic fiscal stabilization ($3.1 in the previous admin and $1.9 in the present one) with household and corporate supports colliding with supply chain disruptions, amplified by a Fed that jacked its balance sheet to 36% of GDP. https://t.co/MklR5abHSs

2024-10-12

Sigh. What drove inflation was $5 trillion of pandemic fiscal stabilization ($3.1 in the previous admin and $1.9 in the present one) with household and corporate supports colliding with supply chain disruptions, amplified by a Fed that jacked its balance sheet to 36% of GDP. https://t.co/MklR5abHSs

2024-10-12

Sigh. What drove inflation was $5 trillion of pandemic fiscal stabilization ($3.1 in the previous admin and $1.9 in the present one) with household and corporate supports colliding with supply chain disruptions, amplified by a Fed that jacked its balance sheet to 36% of GDP. https://t.co/MklR5abHSs

2024-10-12

Sigh. What drove inflation was $5 trillion of pandemic fiscal stabilization ($3.1 in the previous admin and $1.9 in the present one) with household and corporate supports colliding with supply chain disruptions, amplified by a Fed that jacked its balance sheet to 36% of GDP. https://t.co/MklR5abHSs

2024-10-12

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