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Reply to "U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Is Biden also causing inflation in Germany? https://www.marketwatch.com/amp/story/german-inflation-rises-at-fastest-pace-in-almost-30-years-271639120086 Or the UK? https://amp.theguardian.com/business/live/2021/dec/06/supply-chain-disruption-omicron-uk-economy-german-factories-builders-eurozone-business-live It’s almost like there are some global factors causing this and isn’t the result of comedy policies?[/quote] U.K. and German inflation is at 3-4%. The U.S. is DOUBLE that. Biden is doing something wrong and we will end up at 10% inflation in first quarter 2022 if he doesn't reverse course. The only countries higher than the U.S. last month was f**king Venezuela, Turkey, Brazil, Russia, and Mexico. [img]https://pbs.twimg.com/media/FBlT_amXoAElAx5?format=png&name=900x900[/img][/quote] Do tell how Biden caused inflation at 11 mos. in office? [/quote] Biden et al. (AOC squad) handed out a trillion in stimmy right after getting into office in order to buy the GA election. They were warned that the stimmy wasn't even needed and that it'd exacerbate inflation. Lo and behold...look what's happening.[/quote] Huh? Trump proposed it and raised the amount. It also happened before the inauguration.[/quote] Nice try but the American Rescue Act was passed in March 2021. Notice the steep increase in inflation when it went into effect in April 2021. Then in July 2021 the first child tax credits hit. And lo-and-behold we are at 7% inflation in November 2021. It wasn't even this bad during the Recession. [img]https://pbs.twimg.com/media/FGQIe89XsAYq9sO?format=jpg&name=medium[/img][/quote]
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