Biden Inherited 9% Inflation Rate?

[AntonToo]

Lied about inheriting 9%.

Right?

Absolutely Biden inherited 9%, because thats what it would have been no matter who was in the WH in 2021.

Nothing could have been done, short of crashing of the economy, to stop that.

Anyone with half a brain (not you) understands that.

 

[Greenbeard]

Oooh now it's "conditions"

So tiresome and lame

Quintupling the money supply has consequences.

 

[CowboyTed]

Well then, lets extrapolate that, shall we-------------------_> I Joe Biden, AM running for President in 2020, but I will only seek one term. (he actually said that)

Biden had to say this as Trump thought he could get to serve two terms with one election by his actions on Jan 6th...

Biden was right, one election for one term... He could just see father than us, his experience is incredible...

Thanks for showing us why Biden is just the best guy really... Some days you forget how he does the simple things so well he makes it look effortless..

 

[SassyIrishLass]

Quintupling the money supply has consequences.

It's not thread topic you keep avoiding. Biden lied

Get there or blabber elsewhere

 

[AntonToo]

It's not thread topic you keep avoiding. Biden lied

Get there or blabber elsewhere

Inflation and it's causes are not the topic?

You sure about that one dummy?

 

[Greenbeard]

It's not thread topic you keep avoiding. Biden lied

Get there or blabber elsewhere

Having trouble understanding the connection between quintupling the money supply and inflation?

 

[SassyIrishLass]

Inflation and it's causes are not the topic?

You sure about that one dummy?

Did Biden lie? It's yes or no. Anything other than that I'm not interested

 

[AntonToo]

Having trouble understanding the connection between quintupling the money supply and inflation?

Understanding anything is not her forte.

She finds some silly politico straw to grab on to and triumphantly rides it into the sunset.

 

[SassyIrishLass]

Understanding anything is not her forte.

I understand the thread, you two blabbering soys don't

 

[Lesh]

Speaking objectively as I possibly can, facts only - Biden enhanced a dooming inflationary condition via his policies. Due to the pandemic, and the hordes of spending first by Trump, then continued by Biden - inflation was inevitable.
But Biden made it worse. He continued the Covid giveaways, rent abatements, student loan abatements faaaaaaaar longer than necessary, and that maintained false demands in the middle of a supply crises.
And that is why we had the worse inflation increase in over 50 years. I do not know what inflation would have been had Biden cut the Covid spending when he should have - but it would most certainly would have been less.
And yet - his budget is still at pandemic spending levels, and still looking to forgive $700 Billion in student loans.
So the inflation we have, will continue if he continues.

So what would inflation have risen to had Biden not done what he did?

8%? 7.5%?

You just admitted that Trump dumping trillions into the economy and other effects from Covid meant that inflation would rise

At the same time unemployment would have been higher and GDP lower

And yet in the end we in the US sit here with the best economy in the world.

Our Covid recovery has been the quickest and most robust

Than you Joe Biden!

 

[Greenbeard]

I understand the thread, you two blabbering soys don't

Alas, you don’t. Hence your confusion over basic shit.

 

[SassyIrishLass]

Alas, you don’t. Hence your confusion over basic shit.

Go away. Seriously go away and stop being annoying. Infantle

 

[AntonToo]

I understand the thread, you two blabbering soys don't

You say that...but then you post about how inflation causes are not the topic in a thread about inflation.

Doesn't add up.

 

[SassyIrishLass]

You say that...but then you post about how inflation causes are not the topic in a thread about inflation.

Doesn't add up.

You're all over the map trying to defend Pedo Potato lied

How's that

 

[Greenbeard]

Go away. Seriously go away and stop being annoying. Infantle

Super annoying to point out quintupling the money supply leads to inflation! No fun, easier to just not understand anything. MAGA!

 

[SassyIrishLass]

Super annoying to point out quintupling the money supply leads to inflation! No fun, easier to just not understand anything. MAGA!

Whatever. Don't care. Go flap elsewhere

 

[iamwhatiseem]

So what would inflation have risen to had Biden not done what he did?

8%? 7.5%?

You just admitted that Trump dumping trillions into the economy and other effects from Covid meant that inflation would rise

At the same time unemployment would have been higher and GDP lower

And yet in the end we in the US sit here with the best economy in the world.

Our Covid recovery has been the quickest and most robust

Than you Joe Biden!

Yes Trumps 6 months of spending started to create inflationary conditions.
But Bidens 3 years of continuous multi-$trillion spending and rent/loan abatements was way-way-way-way more inflationary causing than Trump.
I said in 2020, when I received the first Covid giveaway that it was wrong, and Trump did it to buy votes.
And I maintain that.
But I also repeatedly stated for the past 3 years that Bidens CONTINUED out of control spending - in the middle of a supply chain crises - is going to have a severe effect on an already building inflationary condition.
And that is precisely what happened.
And Biden's last budget is still at pandemic level spending, and still seeking to forgive $700 Billion in student loans - in the middle of historic high CPI levels.
Inflation will return with a vengeance if this is not stopped.

 

[Mac1958]

The actual seeds of this, the actual direct foundational causes, are pre-Biden, pre-Trump, pre-Obama. But folks just have to keep it simple and partisan.

Politics soils everything it touches.

 

[Rambunctious]

The blob spent $8T that we didn’t have....

And now we have inflation.

We had a global pandemic from China... and we had to rebuild the Obama military until you begin to include those facts in your snipes at the Trump years you will continue to be a dishonest person in my eyes....

 

[AntonToo]

The actual seeds of this, the actual direct foundational causes, are pre-Biden, pre-Trump, pre-Obama. But folks just have to keep it simple and partisan.

Politics soils everything it touches.

Not true. 2021-22 inflation volume was first and foremost caused by Covid distortions of 2020. Thats the "foundational cause" in this case.