I have to laugh when I see Biden saying his plan to spend money
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Town Bank - I have to laugh when I see Biden saying his plan to spend money will lower inflation, because that’s the exact opposite of what I learned in economics. By it’s very definition: inflation is caused by too much money chasing too few goods, therefore Bidens plan and the handouts contained within, will unleash a large amount of money into the economy, along with all of the dollars the fed is printing, creates a climate ripe for dangerous inflation, and I fear the price increases we are seeing on fuel, food and energy, along with other various items will only get worse.