Biden's $1.9 trillion stimulus package pumped demand into an economy already running at full capacity, forcing businesses to expand factories and hire workers. When the market is maxed out, extra orders drive up prices. Stimulus only causes inflation if timed when capacity is already tight.
Biden came in with $1.9 trillion, and this was a problem. He created $1.9 trillion in artificial government-generated demand at a time when the economy couldn't even handle existing demand. You remember the supply chain crunches? We couldn't handle the existing demand, and he goes and creates brand new demand. So what happens if my business is running at 100% capacity, my factory, and you give me an order for 50% more orders? What do I to do? I have to go build new factories, buy more equipment, hire more workers. It's inflationary. So not all stimulus is inflationary, only stimulus that is timed when the market is already at capacity.
