You can compare Fed actions under non-incumbent election conditions vs their actions during incumbent elections. I forget who did the study, but it's been shown that the Fed behaves differently, under the same economic conditions, when there's an incumbent running for president in an election year.

Perhaps that's also what happened in 2020, but with all the pandemic measures it's hard to find a control period for reference.

Undisciplined

econ

Will Powell’s Pivot Bail Out Biden?

Do you remember that the huuuge printing spree of 2020 was in the end of the Trump era right before an election as well? 

I think the printing is just an inherent disease of fiat that HAS TO happen regularly. So regularly in fact, that they can't keep track of who has the presidency. The boat is way too shaky already for luxuries like that