President Biden's strategic and economic policies may be viewed by Russia's leaders as a threat aimed at them, but are also a threat to the American people and our allies. In four months, the administration, with nearly unanimous support from Congress, is spending more than $54 billion to send weapons to Ukraine. And on the economy, which is spiraling downward, Biden said his first rule is "Respect the Fed's independence", despite the role played by the Federal Reserve in causing inflation by its policy of producing a flood of liquidity to bail out speculators.
