Regarding the US government debt issue: The current debt scale has reached the upper limit of 31.4 trillion. The US debt ceiling has been raised 104 times since records began, an average of once every 9 months. When Trump left office, the US debt was less than 24 trillion US dollars. Two years after Biden took office, the US debt has reached 31.4 trillion. If nothing unexpected happens, the upper limit will continue to be released. So what do you think the US debt will reach in the next four years of Biden's presidency? 3.5 billion?

The US government debt increased by 26% of its GDP in one year. If we trace where the money was spent, you will find that most of it was used to stimulate demand, without increasing supply too much (net investment actually fell).

As for the issue of distributing money during the epidemic, only 20% of the newly issued bonds were distributed to everyone, and the rest went into the capital market. This money should not have been kept in the country in large quantities, but due to special reasons such as the epidemic, there was an excess of US dollars in the country, and the wrong fiscal spending pushed up everyone's consumption, but did not solve the supply problem.

So in the end, let me ask you, should the fiscal system be responsible for inflation? At least it should be partially responsible!