The Main Causes Of U.S. Inflation

Writing for Breitbart, John Carney lists the primary factors that have caused record inflation. While the lockdowns put the economy through a slump, a rapid recovery was expected, however, Biden's continued frivolous spending and politicized climate agenda are ensuring that it stays down. The GDP cannot shrink any further because not only will it mean a recession, but it will be another excuse for Congress to pass a few trillion dollar bills.