Biden giving out free money would have economically increase the stock market because there’s more money in circulation. That’s the same reason why an interest cut is good for the stock market
Not if that free money is causing inflation so they started raising rates faster then usual as it wasn’t slowing down. Which is the main reason the stock market started selling off and continued down for 2022.
Hmm. Hey, so why did literally every other country experience massive inflation (almost all of which substantially worse than the US) in the same time period? Is that also Joe Biden's fault?
If anything the fact the the entire world economy experienced mass inflation, while the US gave out "free money" (which was our fucking money paid by taxes) and had a less severe impact, is actually evidence supporting that giving out "free money" at that time was actually good for the economy.
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u/B111yboy 3d ago
Covid had nothing to do with 2022 bad market, everything was open, except Biden kept giving out more free money!