Comment by trompetenaccoun

There is a lot of confusion around finance and economics in the the general population. The average person does not even understand what money is and how it's created. This includes many journalists.

I think people who're into economics can usually tell what he tries to say. But in terms of communicating it to the wider public its a total failure because he simply says what he thinks and tries to dumb it down for common people. Which is of course bound to fail, it sounds silly to them because they have never been told anything like it. The usual PR is to spin the strategy and essentially lie to the public. Trump talks about all the things he's actually doing without any filter which sounds insane and scary to people.

If you're worried about inflation now, probably better they didn't tell you what they did in 2020:

https://fred.stlouisfed.org/series/BOGMBASE