Yes, I know that. But Biden turned the dial up a whole lot.
Bush used quantitative easing to try to solve the housing bubble collapse. Big mistake. But, fortunately, Bush only did it one time.
Then Obama came in and had the Feds start printing money nonstop his entire 2 terms. I'm pretty sure Trump stopped it but I never read anything one way or another. Prices came down a bit while he was president and that couldn't have happened if he kept printing money at the Obama rate
Biden turned the printing presses to 11 and is running them nonstop.