Chuck Schumer Argues Spending Trillions Will ‘Ease Inflation Pres­sures’

Bretibart ^ | 07/21/2021 | Wendell Husebo

[ChicagoConservative27]

Senate Majority Leader Chuck Schumer (D-NY) will release a report Wednesday that argues spending trillions will “ease inflation pres­sures.”

The report, written by Moody’s chief economist Mark Zandi, claims inflation worries are “overdone,” because “much of the additional fiscal support … is designed to lift the economy’s longer-term growth potential and ease inflation pres­sures,” according to Axios

[Chode]

[Secret Agent Man]

Making trillions more fiat dollars will ease inflation pressures, says Schumer

Apparently to paraphrase Barbie, monetary policies are hard

[lurk]

Printing money out of thin air creates a cascade of troubles.

[jmacusa]

Do you suppose anyone ever told this idiot that you can’t tax your way to prosperity or spend your way out of debt?

[oldtech]

Maybe he’s been lying to himself so long that he’s actually starting to believe it. The rest of the country isn’t fooled so easily. Never heard of any nation spending itself into prosperity.

[mewzilla]

Worked for Weimar.

[Maris Crane]

Both.