Inflation

The news reports that 16 Nobel Prize winning economist have predicted that if Trump is elected then the inflation rate will increase and they are correct. The country is currently undergoing an economic growth spurt led by reshoring which involves the doubling of the industrial base over the next ten years. With this economic expansion will come inflation and that is the case regardless of who is president. This is an example of misleading information by leaving out part of the story. While either Trump or Biden can effect this expansion neither will have a major impact. This roaring economy will dwarf any actions by the president.