Is Inflation a problem?

Chris Marchese writes: Since “Surprise 16” when Donald Trump won the presidential election, he has made it clear that if he has his way, he will enact inflationary policies. These include increasing defense spending and infrastructure spending, while at the same time reducing government revenue via decreased income and corporate tax rates. To achieve this objective, money must be created, which could be referred to as “helicopter money.” This is a more direct way of increasing the money supply, using fiscal policy as opposed to monetary policy.
The Market Oracle


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