Let's look closer on the 'Big Beautiful Bill' passed both chambers in the u.s, and waiting for being signed into law 😂:

Subtitle C of Title VII: a $5,000,000,000,000 ($5 trillion) increase in the debt limit**[cite: 95]. This is the government giving itself the room to borrow for this new spending and reduced revenue.

How does this compare to recent history?

The American Rescue Plan (2021): This was a **$1.9** trillion stimulus package. It was passed when the economy was already recovering from the pandemic and is widely cited by economists as a major contributor to the high inflation seen in 2022 and 2023.

The CARES Act (2020):** This was a **$2.2 trillion** package passed in response to the massive deflationary shock of the COVID lockdowns.

The H.R. 1 bill represents a fiscal injection on the same massive scale as the COVID-era stimulus packages. However, it is being injected into a completely different economic environment. The COVID bills were a response to an economic collapse. H.R. 1 is being passed into an economy with an already tight labor market and inflation that the Fed is actively trying to fight.

In this context, the bill is not just inflationary; it's a direct, multi-trillion-dollar challenge to the Federal Reserve's efforts to stabilize prices.

So lets get ready for a possible 'last hurrah' this weekend 👍😂