PBD Podcast guest says deficit spending under Biden helped drive inflation

What was said

""Stupid policies of you know the policies that we had particularly during the Biden administration but not limited to the Biden administration where we spend too ruinously on stuff that Americans don't need. So that we have large budget deficits.""

A guest on the PBD Podcast argues that “stupid policies”, including deficit spending and borrowing “particularly during the Biden administration”, have driven persistent inflation. He says inflation falls hardest on moderate-income Americans who must pay more for essentials like fuel and groceries.