Fmr. Obama Economic Advisor: California, Indiana, Delaware Are Raising Inflation Nationwide for Handing out Checks in Their States

EXCERPT:

BRENNAN: "Very quickly, will it add to inflation if all these states, Massachusetts, California, Indiana, Delaware, hand out checks to offset inflation?"

FURMAN: "Absolutely. Every one of those states is raising inflation nationwide to benefit the citizens in their own states. Collectively, we'll be worse off because of it."