If you want to know the scope of the fiscal nightmare approaching, realize that since January 2020, the United States has printed nearly 80% of all US dollars in existence.

Federal Reserve Money Supply Chart

Source: 80% of All US Dollars in Existence Have Been Printed in Just the Last Two Years

Money was printed starting under Trump, in 2020, to prop up the economy that was crashed by now recognized failed “lockdown” policies. Money printing was continued under Biden. Lockdown policies, at best, merely delayed the spread of Covid (may be or maybe not, until a less virulent form was reached – even this is not clear). They failed, globally, to end the pandemic – but have led to numerous other problems.

By EdwardM