Inflation hits 40-year high as CPI rises 8.6% in May

archives said:
For a little basic economics for you, the seeds for this inflation began back in 2017, grew expeditiously during the Covid years, and are blooming today. It is a demand pull inflation, compounded by Covid, war in Ukraine, and China lockdown. It was going to happen no matter who was President

And in terms of gas, oil is just a segment of the problem, you do know that oil production in the US hasn't slowed that much, in fact, the US is still the seventh leading exporter of oil in the world
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1934, actually. The high inflation we are seeing today was caused by Biden and Democrats.
 
Into the Night said:
No, this is worse than Carter. Carter was actually elected.
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As was Biden, and Trump knew it, sadly for you, you were duped, and still don't know it;

"Donald Trump was told the same thing over and over, by his campaign team, the data crunchers, and a steady stream of lawyers, investigators and inner-circle allies: There was no voting fraud that could have tipped the 2020 presidential election. Trump was told repeatedly that there were no hidden ballots, rigged voting machines or support for his other outlandish claims."
https://apnews.com/article/donald-tr...c3312570fa6c67

"Pence team couldn't verify Trump campaign's election fraud claims"
"Pence’s legal team didn’t just track the barrage of wild legal arguments from former President Donald Trump’s lawyers and allies, but also meticulously monitored the allegations of election fraud and mismanagement"
https://www.politico.com/news/2022/0...-memo-00038921
 
Into the Night said:
No. The high inflation started when Biden took office.
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A little basic economics for you, the seeds for this inflation began back in 2017, grew expeditiously during the Covid years, and are blooming today. It is a demand pull inflation, compounded by Covid, war in Ukraine, and China lockdown. It was going to happen no matter who was President
 
archives said:
As was Biden, and Trump knew it, sadly for you, you were duped, and still don't know it;

"Donald Trump was told the same thing over and over, by his campaign team, the data crunchers, and a steady stream of lawyers, investigators and inner-circle allies: There was no voting fraud that could have tipped the 2020 presidential election. Trump was told repeatedly that there were no hidden ballots, rigged voting machines or support for his other outlandish claims."
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You can't wish the evidence away, dude.
archives said:
"Pence team couldn't verify Trump campaign's election fraud claims"
"Pence’s legal team didn’t just track the barrage of wild legal arguments from former President Donald Trump’s lawyers and allies, but also meticulously monitored the allegations of election fraud and mismanagement"
https://www.politico.com/news/2022/0...-memo-00038921
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You can't make the evidence disappear by using Pence, dude.
 
evince said:
Apr 16, 2022 — Stocks, bonds and commodities are already pricing in inflation, the pandemic and war.
inflation caused by war and the pandemic from www.nytimes.com
https://www.europarl.europa.eu › E...
Inflation in the wake of coronavirus and war [What Think Tanks are ...
Mar 25, 2022 — The Russian invasion has intensified the already near-record growth of consumer prices resulting from the coronavirus pandemic and broken ...
https://www.apa.org › press › 2022/03
Inflation, war push stress to alarming levels at two-year COVID-19 ...
Mar 10, 2022 — Two years after the World Health Organization declared COVID-19 a global pandemic, inflation, money issues, and the war in Ukraine have ...
www.wsj.com
War, Pandemic, Inflation: Markets Struggle When Narratives Collide
Mar 15, 2022 — One sign of the problems for investors created by the conflicting narratives is in the weakest junk bonds. Dollar bonds rated CCC are those most ...
inflation caused by war and the pandemic from www.wsj.com
www.reuters.com
War, pandemic, and inflation deal Fed a complex trifecta
Mar 13, 2022 — A war in Europe has now been layered on top of the health crisis, and when U.S. central bank policymakers meet this week they will have to ...
inflation caused by war and the pandemic from www.reuters.com
www.whitehouse.gov
Pandemic Prices: Assessing Inflation in the Months and Years Ahead
Apr 12, 2021 — The COVID-19 pandemic has caused an unconventional recession, ... after 1945 and the resurgence in defense spending due to the Korean War.
https://blogs.imf.org › 2022/04/19
War Dims Global Economic Outlook as Inflation Accelerates – IMF Blog
Apr 19, 2022 — Even before the war, inflation in many countries had been rising due to supply-demand imbalances and policy support during the pandemic, ...
www.gspublishing.com
Inflation in the Aftermath of Wars and Pandemics (Daly)
Mar 25, 2021 — Wars Result in Higher Inflation and Bond Yields, Pandemics Do Not · Exhibit 2: Inflation Has Typically Risen Sharply Both During and
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Post 45
 
Into the Night said:
1934, actually. The high inflation we are seeing today was caused by Biden and Democrats.
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Wrong, and one can only show how wrong another is for so long, if they want to stay obstinate regardless of facts, ain't much you can do to educate them, you can lead a horse to water, but you can't make him ..............
 
Into the Night said:
You can't wish the evidence away, dude.

You can't make the evidence disappear by using Pence, dude.
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There is no evidence, even Trump's closest circle, those rooting for him and closest to the scene, told him there was no evidence, never was any evidence, you swallowed a lie, still are still swallowing a lie
 
archives said:
Wrong, and one can only show how wrong another is for so long, if they want to stay obstinate regardless of facts, ain't much you can do to educate them, you can lead a horse to water, but you can't make him ..............
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But you can charge them with crimes if they use those known lies to try and steal an election
 
archives said:
There is no evidence, even Trump's closest circle, those rooting for him and closest to the scene, told him there was no evidence, never was any evidence, you swallowed a lie, still are still swallowing a lie
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It's kind of pointless to respond to that poster. Just FYI.
 
archives said:
A little basic economics for you, the seeds for this inflation began back in 2017, grew expeditiously during the Covid years, and are blooming today. It is a demand pull inflation, compounded by Covid, war in Ukraine, and China lockdown. It was going to happen no matter who was President
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No. In 2020. It started before the war. It started just after Biden was installed as Chief Puppet.
You can't just make up fiction and call it history, dude.
 
McRocket said:
I agree.
All he has done is make it worse.
But to blame him entirely for it is utterly ridiculous.
That was my point.
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That's fair enough. Biden is like the captain of an old sailing ship in stormy seas that got the job through political connections and has no idea how to sail in anything but beautiful weather.
 
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