With the hyperinflation coming, that won’t help. At all.
The crazy economic policies have both inflationary potential and depression potential.
It is really hard to have inflation when most people are unemployed and broke.
Most government programs (much as we despise them, and wasteful as they are) do not provide enough money to actually cause inflation for very long....
They tend to be fits and starts, which means no-one wants to employ long-term capital to deal with short-term improvements in business.
The most likely end to the Biden policies is that the rich get a lot richer and everybody else is totally f*&^ed—and it won’t matter whether it is “inflation” or “deflation”. Economic toast is economic toast.