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Post by beejmi on Apr 13, 2024 21:11:37 GMT
Your choices:
Biden: His Green agenda coupled with throwing money at every 'group' there is has devalued the currency. The 2%-3% numbers are bullshit because they are on top of the 9% a couple years back.
Trump: His April 2020 deal with Russia, Saudi Arabia and OPEC cut oil production which raised oil prices which then raised every price
Nobody: It is a world-wide issue coming out of the pandemic. Corporate greed a contributing factor.
Or do you have another culprit?
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Post by Sexy Tom on Apr 13, 2024 21:14:23 GMT
Choice A by a mile.
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Post by qaenos on Apr 13, 2024 23:50:34 GMT
C. Governments just printed money and paid people to stay home. That's inflation right there. Add supply chain disruption with some greed and you get raging inflation. And it's not just the US.
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Post by Papa on Apr 14, 2024 0:01:00 GMT
Some responsibility is in government but the corporations have taken advantage of it and hiked prices. That has been proven over the last few months but nobody understands that or wants to hear that.
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Post by beejmi on Apr 14, 2024 0:09:15 GMT
Some responsibility is in government but the corporations have taken advantage of it and hiked prices. That has been proven over the last few months but nobody understands that or wants to hear that. Wouldn't they all have to get together to pull that off? Thats the argument against that being the case.
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Post by Papa on Apr 14, 2024 0:25:58 GMT
Some responsibility is in government but the corporations have taken advantage of it and hiked prices. That has been proven over the last few months but nobody understands that or wants to hear that. Wouldn't they all have to get together to pull that off? Thats the argument against that being the case. The stats are out there from the food corporations. The one example they used was bacon. Clear example of gouging.
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Post by KGB on Apr 14, 2024 1:49:47 GMT
I agree with choice C. The amount of money that has been pumped into the system by Bush, Obama, Trump, and Biden could only end this way. Particularly after all the Covid handouts of 2020-21.
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Post by BlazerTron on Apr 14, 2024 3:15:44 GMT
C. Governments just printed money and paid people to stay home. That's inflation right there. Add supply chain disruption with some greed and you get raging inflation. And it's not just the US. This is what I always fall back on. The US Government printed money out of thin air through 2020 and 2021, and furthering the issue was the amount of fraud that occurred during all of this. Illinois alone gave out $5.2 BILLION dollars in money to fraudulent unemployment benefits, most related to identity theft. Add in the extra money being deposited into our bank accounts as part of those relief packages.
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Post by BlazerTron on Apr 14, 2024 3:16:23 GMT
Also all of the fucking cleanup from the riots in May/June of 2020. BILLIONS of dollars.
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Post by Kriss on Apr 14, 2024 7:07:35 GMT
LOL. Can we blame Biden for the inflation in the rest of the world as well?
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Post by Sexy Tom on Apr 14, 2024 13:47:02 GMT
LOL. Can we blame Biden for the inflation in the rest of the world as well? He gave two too many covid stimiulus payments. He gave Ukraine Billions in what is easily the most preventable war. By appeasing the climate crazies, we are now importing oil. Yeah, Obama and Trump spent quite a bit, but 11 years under those two gave us less than 2% inflation.
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Post by Kriss on Apr 14, 2024 14:08:55 GMT
LOL. Can we blame Biden for the inflation in the rest of the world as well? He gave two too many covid stimiulus payments. He gave Ukraine Billions in what is easily the most preventable war. By appeasing the climate crazies, we are now importing oil. Yeah, Obama and Trump spent quite a bit, but 11 years under those two gave us less than 2% inflation. But high inflation wasn't only a problem in the US. Why did every other country have the same issues? Was it all because of Biden?
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Post by srossi on Apr 14, 2024 15:31:32 GMT
Imagine the bill finally coming due in some way. And I still don't know how the economy is in as good a shape as it is after decades of tax and spend.
I wish all those posts on the old board weren't gone forever, because even though I know KGB agreed with me on the Covid payouts, I also remember his vehement arguments in favor of Trump's tariffs that everyone knew was going to cause major inflation on imported goods to Americans, and I outlined this at length. But everyone wants to jump straight to Biden, and if you tell him he was the President who did all that, hell, maybe he'll believe you at this point. He doesn't remember any better than the average Trump supporter.
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Post by Angelic Assassin on Apr 14, 2024 18:58:41 GMT
Clearly Tom Brady is to blame. He was guilty of DeflateGate so it stands to reason that he's guilty of InflateGate.
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Post by beejmi on Apr 14, 2024 20:21:00 GMT
The issue with Biden and why he 'gets the blame' is there is no progress. And if re-elected it is difficult to imagine any significant change.
Its like weighing 200 pounds, gaining 50 pounds and then celebrating each month when you only gain '2 pounds more' and expecting others to celebrate that progress. Then point to your neighbor who is gaining 4 pounds a month.
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