Inflation Torpedoes Biden Agenda – Will It Next Wreck Financial Markets?

6:54 AM

First published by Money Metals Exchange here: https://www.moneymetals.com/news/2021/12/20/inflation-torpedoes-biden-agenda-002427

President Joe Biden’s so-called “Build Back Better” agenda was dealt a likely fatal blow on Sunday. Moderate Democrat Joe Manchin announced that he would oppose his party’s massive $2 trillion spending bill. That effectively kills it in its current form. Chief among Senator Manchin’s reasons for opposing the Biden administration’s far-reaching spending scheme is inflation.

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