Biden's Plan to Fight Inflation — Stephanie Kelton

At this point, the president’s plan to bring down inflation can be summed up as follows:

• Leave the Fed alone to hike rates and slow the economy
• Take proactive steps to reduce some costs and build more capacity
• Take proactive steps to cut the fiscal deficit even more

I joined Bloomberg TV’s David Westin to talk about this at noon today....

The Lens
Biden's Plan to Fight Inflation

Stephanie Kelton | Professor of Public Policy and Economics at Stony Brook University, formerly Democrats' chief economist on the staff of the U.S. Senate Budget Committee, and an economic adviser to the 2016 presidential campaign of Senator Bernie Sanders

https://stephaniekelton.substack.com/p/bidens-plan-to-fight-inflation