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You Democrats shot your wad awfully fast.It's anybody's guess what will happen to the inflation rate. I suspect it will subside at least to some degree now that everyone has spent their stimulus money.
Any process, whether economic, meteorological, domestic terrorism, politically motivated, etc, if Big Business sees a profit, and the billionaire class benefits, conservatives consider their policies winners.This is not rocket science, and actually is entry level economics. Although if you're under 40, it may be new territory.
But that doesn't mean inflation at over 5% is a good thing. It could mean, though, that inflation at even 6-8% for just a couple of years is not ALL bad. People on fixed incomes and making just enough to get by, and not having the ability to make more per household, would be fucked over.
It might seem cruel and unfair to those who lost secure retirements in the housing collapse, and who might have had mortgages at 3%
why would you believe anything this guy says
why would you believe anything this guy says