Inflation is basically jobs returning coming out of the pandemic.... without jobs/unemployment returning to pre-pandemic levels, we would not be in the current situation where consumer demand is outpacing (global) supply. The FED is now walking on ice trying to slow down the return of jobs/ consumer demand without crashing the whole economy. And technically the current head of the FED was picked by Trump... but to be fair Biden could've axed him and did not.
And just in case anyone brings up the money supply/ "printing money"..... that began skyrocketing in 2020 prior to Biden.... also due to the pandemic.
Caption this Meme
