The reality is that Republicans also have some responsibility for inflation. It was irresponsible to keep interest rates this low for this long. A lot of that was under obama, but not all of it.
If congress controlled interest rates, the dems would not let the Feds finish off the economy until after the election with these rate hikes. Low interest rates are ALWAYS good. Greenspan was and is a moron. Money is not wealth and the freer the flow of money the greater potential for growth. Taxing the flow of money is never a good thing. No matter how many economists, investment bankers, politicians, professors or analysts like to act like the smartest people in the room by saying perpetual low interest rates are bad does not make it so. You don’t tax the flow of capital in a free/capitalist society.Never!