There has been a lot of ‘money printing’ by the Biden administration

Author and Economist Paul Sheard says there has been a lot of “money printing” that has taken place under the Biden administration. Mr Sheard told Sky News Australia that there has been “a lot of government spending” by the Biden administration. “Inflation has come down, but it’s proving quite sticky. “So, interest rates are likely to remain higher than people thought. “But let’s not forget that also reflects a stronger economy.”