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Charles Payne on 40-Year Inflation High: Biden Admin, Federal Reserve ‘Created a Monster’
3 years ago
39
Charles Payne on 40-Year Inflation High: Biden Admin, Federal Reserve ‘Created a Monster’
PAYNE: “The Federal Reserve pumped a lot of money into our economy, but that money doesn’t really get into regular folks’ hands. It helps mostly corporations. That last bit of cash that the Biden Administration put in, the $1.9 trillion. Paying people twice as much money to stay at home than to go to work. The stimmy checks, all of that created an environment where we just went out, and we spent the hell out of it.”
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