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Educational_Paint987 t1_je869wz wrote

And thats your contribution to this conversation? If the inflation was caused by supply and demand factors then the interest rates hikes would have reversed it by now.

Instead, they caused a spiral of secondary effects that resulted in bank failure and more government spending.

Last time I checked, government had a big say on fiscal policy and taxation and Biden hasnt changed any of it since he took office. Instead he is begging yet again for increased debt ceiling.

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GhostRising_ t1_je86f31 wrote

Lol so now the inflation caused the bank failure? Cool. Good talk son.

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GhostRising_ t1_je86i87 wrote

Lol the debt ceiling covers the service on our EXISTING debt. Not new debt. You want the IS to default on owed money? Lol take a seat

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