Tags: Biden Administration | Joe Biden | biden | stimulus | hyperinflation

Biden Stimulus Could Push US Into Devastating Hyperinflation

President Joe Biden speaks during an announcement related to small businesses at the South Court Auditorium of the Eisenhower Executive Office Building Feb. 22, 2021 in Washington, D.C. (Alex Wong/Getty Images)

By    |   Friday, 26 February 2021 12:49 PM

Economic experts are waving red flags to Congress and the Biden administration, warning that if the United States continues on its present course of profligate spending coupled with extreme business lockdowns, we could be heading to a period of hyperinflation.

How hyper? Some are thinking of the German Weimar Republic, when people reportedly used wheelbarrows of cash to buy groceries.

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Economic experts are waving red flags to Congress and the Biden administration, warning that if the United States continues on its present course of profligate spending coupled with extreme business lockdowns, we could be heading to...
biden, stimulus, hyperinflation
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2021-49-26
Friday, 26 February 2021 12:49 PM
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