Here’s What I Learned From Living Through Massive Inflation In Argentina And The 1970s United States

TheGreenHornet

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Nov 21, 2017
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Inflation is growing and the working class will be hit hard and suffer much from it.

The incompetent biden regime seems to be living in fantasy land and focused primarily on racial matters whilst prices keep going up and up.

 
Inflation is growing and the working class will be hit hard and suffer much from it.

The incompetent biden regime seems to be living in fantasy land and focused primarily on racial matters whilst prices keep going up and up.

That is not our problem. Our problem is a lack of supply with our supply-side economics.
 
The more debt we accumulate the higher inflation will rise.....by the end of summer it will cost over $150.00 to fill up the average car and $5 for a gal of milk $8 for a dozen eggs...and when that day is here I don't want to hear you libs cry about it...because you voted for it.....
 
People forget how prices dropped under Trump.....the media wouldn't give him credit but it was his policies that made that happen....we all had more money in our pockets...those days are sadly over....
 
The more debt we accumulate the higher inflation will rise.....by the end of summer it will cost over $150.00 to fill up the average car and $5 for a gal of milk $8 for a dozen eggs...and when that day is here I don't want to hear you libs cry about it...because you voted for it.....
Not at all; it is still being "absorbed" by the (stock) markets and the Richest are still getting richer.
 
The more debt we accumulate the higher inflation will rise.....by the end of summer it will cost over $150.00 to fill up the average car and $5 for a gal of milk $8 for a dozen eggs...and when that day is here I don't want to hear you libs cry about it...because you voted for it.....
Not at all; it is still being "absorbed" by the (stock) markets and the Richest are still getting richer.
The rich always will get richer....a by product of lifetime elected officials and a sublime media that allows shady dealings that make the pelosi/Biden types rich beyond their wildest dreams...and they pass laws that will keep themselves and their friends rich....
 
The more debt we accumulate the higher inflation will rise.....by the end of summer it will cost over $150.00 to fill up the average car and $5 for a gal of milk $8 for a dozen eggs...and when that day is here I don't want to hear you libs cry about it...because you voted for it.....
Not at all; it is still being "absorbed" by the (stock) markets and the Richest are still getting richer.
The rich always will get richer....a by product of lifetime elected officials and a sublime media that allows shady dealings that make the pelosi/Biden types rich beyond their wildest dreams...and they pass laws that will keep themselves and their friends rich....
We should be getting fine and wonderful infrastructure under Any form of Capitalism for the amount of debt we have. Why don't we?
 
The more debt we accumulate the higher inflation will rise.....by the end of summer it will cost over $150.00 to fill up the average car and $5 for a gal of milk $8 for a dozen eggs...and when that day is here I don't want to hear you libs cry about it...because you voted for it.....
Not at all; it is still being "absorbed" by the (stock) markets and the Richest are still getting richer.
The rich always will get richer....a by product of lifetime elected officials and a sublime media that allows shady dealings that make the pelosi/Biden types rich beyond their wildest dreams...and they pass laws that will keep themselves and their friends rich....
We should be getting fine and wonderful infrastructure under Any form of Capitalism for the amount of debt we have. Why don't we?
Because there are too many things in front of bridges and roads that must be paid for...like teachers union pensions and political action committees must be funded....until the Pelosi types have to drive themselves around....infrastructure will suffer.....
 
People forget how prices dropped under Trump.....the media wouldn't give him credit but it was his policies that made that happen....we all had more money in our pockets...those days are sadly over....
The Richest got richer faster under Your guy.
Everyone got richer under "my Guy" you moron....
Continuing upward trends is all right wingers can take credit for.
A rising tide lifts all boats...it was true in 1980 and its still true today....
 
The more debt we accumulate the higher inflation will rise.....by the end of summer it will cost over $150.00 to fill up the average car and $5 for a gal of milk $8 for a dozen eggs...and when that day is here I don't want to hear you libs cry about it...because you voted for it.....
Not at all; it is still being "absorbed" by the (stock) markets and the Richest are still getting richer.
The rich always will get richer....a by product of lifetime elected officials and a sublime media that allows shady dealings that make the pelosi/Biden types rich beyond their wildest dreams...and they pass laws that will keep themselves and their friends rich....
We should be getting fine and wonderful infrastructure under Any form of Capitalism for the amount of debt we have. Why don't we?
Because there are too many things in front of bridges and roads that must be paid for...like teachers union pensions and political action committees must be funded....until the Pelosi types have to drive themselves around....infrastructure will suffer.....
Yet, it is right wingers who keep obstructing infrastructure bills.

Vote infrastructure blue not third world red!
 
People forget how prices dropped under Trump.....the media wouldn't give him credit but it was his policies that made that happen....we all had more money in our pockets...those days are sadly over....
The Richest got richer faster under Your guy.
Everyone got richer under "my Guy" you moron....
Continuing upward trends is all right wingers can take credit for.
A rising tide lifts all boats...it was true in 1980 and its still true today....
The black guy turned the outgoing tide into an incoming tide.
 
The more debt we accumulate the higher inflation will rise.....by the end of summer it will cost over $150.00 to fill up the average car and $5 for a gal of milk $8 for a dozen eggs...and when that day is here I don't want to hear you libs cry about it...because you voted for it.....
Not at all; it is still being "absorbed" by the (stock) markets and the Richest are still getting richer.
The rich always will get richer....a by product of lifetime elected officials and a sublime media that allows shady dealings that make the pelosi/Biden types rich beyond their wildest dreams...and they pass laws that will keep themselves and their friends rich....
We should be getting fine and wonderful infrastructure under Any form of Capitalism for the amount of debt we have. Why don't we?
Because there are too many things in front of bridges and roads that must be paid for...like teachers union pensions and political action committees must be funded....until the Pelosi types have to drive themselves around....infrastructure will suffer.....
Yet, it is right wingers who keep obstructing infrastructure bills.

Vote infrastructure blue not third world red!
Bullshit...where were you when Pelosi and Reid and Schumer blocked every infrastructure bill presented...you have a very biased outlook and a very selective memory....
 
People forget how prices dropped under Trump.....the media wouldn't give him credit but it was his policies that made that happen....we all had more money in our pockets...those days are sadly over....
The Richest got richer faster under Your guy.
Everyone got richer under "my Guy" you moron....
Continuing upward trends is all right wingers can take credit for.
A rising tide lifts all boats...it was true in 1980 and its still true today....
The black guy turned the outgoing tide into an incoming tide.
Are you a bumper sticker writer?....
 
The more debt we accumulate the higher inflation will rise.....by the end of summer it will cost over $150.00 to fill up the average car and $5 for a gal of milk $8 for a dozen eggs...and when that day is here I don't want to hear you libs cry about it...because you voted for it.....
Not at all; it is still being "absorbed" by the (stock) markets and the Richest are still getting richer.
The rich always will get richer....a by product of lifetime elected officials and a sublime media that allows shady dealings that make the pelosi/Biden types rich beyond their wildest dreams...and they pass laws that will keep themselves and their friends rich....
We should be getting fine and wonderful infrastructure under Any form of Capitalism for the amount of debt we have. Why don't we?
Because there are too many things in front of bridges and roads that must be paid for...like teachers union pensions and political action committees must be funded....until the Pelosi types have to drive themselves around....infrastructure will suffer.....
Yet, it is right wingers who keep obstructing infrastructure bills.

Vote infrastructure blue not third world red!
Bullshit...where were you when Pelosi and Reid and Schumer blocked every infrastructure bill presented...you have a very biased outlook and a very selective memory....
Right wingers didn't even have healthcare reform. Nothing but repeal is worthless to everyone but the right wing.
 
Inflation is growing and the working class will be hit hard and suffer much from it.

The incompetent biden regime seems to be living in fantasy land and focused primarily on racial matters whilst prices keep going up and up.

Your link doesn't mention productivity's role in the inflation of the 1970s.
Arguably higher productivity allows cost reductions that flow through product prices to reduce inflation.


JUNE 14, 2021

May CPI Puts Inflation Hawks in Feeding Frenzy

BY DEAN BAKER

"It is important to remember that the 1970s inflation was associated with a sharp drop in productivity growth.

"Productivity had been increasing at 3.0 percent annual rate in the long post-war boom from 1947 to 1973. It slowed to just over 1.0 percent from 1973 to 1980.

"This slowdown was a major cause of inflationary pressure during the decade.

"If productivity growth increases instead, it will act to alleviate inflation."
 

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