The Biden Boom is basically nothing more than free money from the gov't in the form of stimulus checks and business loans, which obviously gets spent and voila, we have a higher GDP. But it's transitory and does not last; once the stimulus checks and loans are spent we are right back where we were before. It was the same deal when Obama spent some $862 billion back in 2009, remember? You get a temporary boost but then it's over. And this time we've got the inflation problem to deal with. Maybe the inflation problem dies back once the gov't spending declines; I understand the Fed is going to stop it's latest QE program that floods the banks with more liquidity. But the money is already out there and the democrats want to spend even more. So, should I believe that inflation is temporary? Doesn't look like it to me as long as the democrats are in the majority.