First published by Money Metals Exchange here: https://www.moneymetals.com/news/2022/07/05/biden-fails-economics-101-as-stagflation-takes-hold-002554

As Joe Biden’s presidency descends into free-fall with voters, the economy may be on the verge of collapsing in similar fashion. All presidents make mistakes, whether it’s failing to limit the growth of the federal budget or being unable to anticipate turns in the economic cycle.