What parts of the inflation reduction act will reduce inflation

Seymour Flops

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Nov 25, 2021
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Don't feel bad if you don't know. One of its sponsors and biggest supporters, congressman Raskin, does not know either:
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Maybe he just didn't have time. Well, here time is not limited, and you can't be interrupted with follow up questions. So, here is your chance!
 
Don't feel bad if you don't know. One of its sponsors and biggest supporters, congressman Raskin, does not know either:
View attachment 684810

Maybe he just didn't have time. Well, here time is not limited, and you can't be interrupted with follow up questions. So, here is your chance!
Other than the continued high prices reducing the consumption of gas & some other goods, inflation is still going up. Lying & saying it's 0% doesn't change the facts.
Like the Affordable Care Act, the Dems call bills the opposite of the obvious consequences.
This bill will drive inflation higher because it adds more fiat money but no increased supplies.
The "green" parts will make energy & transportation costs increase, which will raise prices across the board..

Anybody with a brain & some basic economic sense should the obvious results to come but the sheep that voted for the diaper dude don't have any sense
 
Don't feel bad if you don't know. One of its sponsors and biggest supporters, congressman Raskin, does not know either:
View attachment 684810

Maybe he just didn't have time. Well, here time is not limited, and you can't be interrupted with follow up questions. So, here is your chance!
Absolutely none. It's a big tax hike and regulation and government power expansion and that's it.
 
None of it is going to lower inflation. The spending part will add to the debt and the amount of money in circulation, and that is inflationary. The higher taxes merely redistributes money from the big corps which results in higher prices to cover the cost of paying more taxes and that again in inflationary. The only good news if you can call it that is that the democrats didn't get to spend the $3.5 trillion that they originally wanted. Now THAT would have truly been inflationary and they all wanted it except for Manchin and Sinema.
 
Inflation = recession = some really good deals = mitigates inflation.

Also, higher interest rates on savings. :)
 

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