Whats this bogus global inflation narrative the dems are pushing?
- Thread starter wildchild
- Start date
simple economics tells you its global.... i dont listen to politicians in cases of economics/finance/business or anything for that matter since they all know shit.
Simple analysis says its not.
ok boomer
Ohhh this is some interesting data. It totally debunks the lie that you believe.
Biggest economies In world
1, US inflation 7.7% inflation
2. China 2.1% inflation
3. Japan 3.6%
OOoooh this is some interesting data...
Right after those 3 are Germany, UK and India, France...
Germany inflation 10.4%
UK inflation rate 14%
India inflation rate 7%
France 6.5%
China is a communist country with price controls and currency controls so inflation is artificially controlled by the government... is that what you want the U.S. to do?
You dont think these things through do you...
So according to your logic... a communist country has low inflation who is a net exporter so Biden is to blame for that too I guess.....but lets ignore all the other countries in the top 10 experiencing highest inflation in many years globally..
But nah.... why use data and facts amirite?
Right after those 3 are Germany, UK and India, France...
Germany inflation 10.4%
UK inflation rate 14%
India inflation rate 7%
France 6.5%
China is a communist country with price controls and currency controls so inflation is artificially controlled by the government... is that what you want the U.S. to do?
You dont think these things through do you...
So according to your logic... a communist country has low inflation who is a net exporter so Biden is to blame for that too I guess.....but lets ignore all the other countries in the top 10 experiencing highest inflation in many years globally..
But nah.... why use data and facts amirite?
Inflation Reduction Act that Democrats passed and signed by Joe Biden into law will increase inflation even more. Higher taxes on US companies will be passed on to US consumers, making the cost of a lot of items more costlier. They used the name of the bill to mislead the public.
Switzerland peaked at 3.5%. The US peaked at 9.1% in June. There Fed need to stop printing so much money.
You claimed it is global. It clearly was not. Creepy Joe keeps complaining about the hand he was dealt. He inherited 1.4% and completely blew it up.
If China and Japan can keep their inflation to a reasonably rate, why cant Joe Biden?
Joe Biden does not know where he is 99.99% of the time. He sure as heck does not know what the hell he is doing 99.99% of the time as well.