“Inflation Reduction Act”
VP Kamala Harris claims that “because of the Inflation Reduction Act, the Infrastructure Act, we are dropping trillions of dollars on the streets of America right now.”
IN FACT, the root cause of inflation is the federal government dropping trillions of dollars on the streets of America. In the words of former Fed Chair Ben Bernanke, “increasing the number of U.S. dollars in circulation” reduces the “value of a dollar.”
