There's been an active debate over how government spending contributes to inflation, especially in thee years since the COVID pandemic.

High inflation has roiled the economy and household budgets since the U.S. began to recover from the COVID-19 pandemic in 2021. Inflation has fallen from its peak in 2022 when COVID's disruption ...

Many would rather forget the COVID-19 pandemic that descended upon the United States and the world nearly five years ago. However, its effects are still very much with us. The rampant inflation ...

The first chart is an overlay of headline CPI ... Policy Strategy update (revised January 2021). The COVID-19 pandemic helped launch inflation into its highest levels since the 1980s.

The Biden administration’s spending on stimulus to keep the economy going during the Covid pandemic may have contributed “a little bit” to inflation, U.S. Treasury secretary Janet Yellen ...