Jeff Bezos Makes a Compelling, Non-Monetary Case for Inflation

The White House’s continued efforts to deflect blame for historic levels of inflation after pumping money into an overheated economy are becoming harder to swallow. So it’s no surprise Jeff Bezos became the latest public figure to let loose in a series of tweets castigating the White House for continuing to push massive spending packages amid rising inflation. Yet, this high-profile clash online is not all flash: new research backs up the fact that the American Rescue Plan Act (ARPA) bears a great deal of responsibility for Americans’ inflation woes.

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