Agreed, it was a choice between a depression or inflation so we printed. It is also driven by industry consolidation leading to price gouging as there is no longer effective market competition.
Agreed, though there was a perfect target sitting right in the middle.
Not that I am blaming anyone, I think it was handled pretty well. It seems to me that people fail to realize it's only an easily balanced equation when looking at it historically and a shit show looking forward.
A significant amount of the covid stimulus going to grift and fraud was always the inevitable outcome for that administration. They explicitly removed any auditing provisions from the bill before it passed.
