The United States and Japan are adopting an unconventional approach to combating inflation, which is fiscal stimulus. It appears the White House has clearly received the message, and President Trump is determined, according to reports. However, giving cash handouts to calm inflation is more like trying to put out a fire by pouring more fuel on it. As families are struggling with the rising cost of living, US President Donald Trump and Japanese Prime Minister Sanae Takaishi are resorting to generous financial support to angry voters. Earlier this month, the Republican Party suffered significant losses in gubernatorial and mayoral elections, with concerns about the high cost of living playing a major role in voters' decisions.
