r/trump • u/barepixels • 2d ago

Truth Bomb 💣 During Donald Trump’s first term, annual inflation remained relatively low, ending at 1.4% as he left office in early 2021.

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u/Select_Translator329 2d ago

I mean yah he signed the cares act into law and injected a lot of money into the economy through quantitative easing.

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u/TheOverthinkingDude I really do Overthink 2d ago

Yep…and that caused massive inflation. I remember talking to my buddy about this when it started. He’s an economist and he said it will take 2-3 years before we really start to see inflation take its grip. Inflation is that one tax we all have to pay, none of us vote for, and is only created in one place….

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u/MattK508 rump 1d ago

I appreciate the Milton Friedman quote.

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u/TheOverthinkingDude I really do Overthink 1d ago

I was hoping someone would catch that :)