John Delaney 🇺🇸

John Delaney 🇺🇸 @JohnDelaney

@viscousboredom @mattyglesias Agree 100% Banks have this unique and important ability that you describe but with that comes significant regulation. Non bank financials and fintechs add value and important innovation but they can never replace the core function of a bank. So few people get this. — PolitiTweet.org

John Delaney 🇺🇸 @JohnDelaney

Covid shuts down economy & supply chain. Gov'ts support their citizens, which resulted in incomes staying flat & savings up (b/c of low spending). Vaccines reopen economy, demand surges & supply chain slow to respond. This is part of the inflation story; none of it Biden's fault — PolitiTweet.org