I’ve been saying this ever since Biden got in office. His policies are screwing everything up. Staglfation should be impossible in a free market, but gov’t comes in and creates it.
Paying people not to work is a primary reason for it this time.
Printing boatloads of money to Pay people not to work is a primary reason for it this time. Along with government imposed restrictions on economic output (closing the economy) and restricting energy production.
It is a feature not a bug. This destruction is done with malice afore thought.
I’m in the “toldja so” choir.
It’s because he truly believes it is 1978 and he is working for the Carter administration.