President Joe Biden - Kamala Harris Administration

Thanks to our "Fake" president for all the inflation that's crushing America.

Consumer prices rise 5.4% annually in July
Wait till the annual interest payment gets to $1T or higher. We are going to have stagflation a fed that will not be able to operate which would be a kick in the pants that is well deserved. A shame it is going to affect the American people so badly. Wait until those handouts stop. Talk about civil unrest.
 
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You are literally clueless about this.
Basic economic theory Einstein.

Is inflation caused by economic growth? - Economics Help

Typically, higher inflation is caused by strong economic growth. If Aggregate Demand (AD) in an economy expands faster than aggregate supply, we would expect to see a higher inflation rate. If demand is rising faster than supply this suggests that economic growth is higher than the long run sustainable rate of growth.
 
Basic economic theory Einstein.

Is inflation caused by economic growth? - Economics Help

Typically, higher inflation is caused by strong economic growth. If Aggregate Demand (AD) in an economy expands faster than aggregate supply, we would expect to see a higher inflation rate. If demand is rising faster than supply this suggests that economic growth is higher than the long run sustainable rate of growth.

Referring to "evidence it will work itself out".

I am seeing worse supply chain issues now then Jan 2020. Worst I have ever seen in my career.

But continue on with your ignorant self.
 
Basic economic theory Einstein.

Is inflation caused by economic growth? - Economics Help

Typically, higher inflation is caused by strong economic growth. If Aggregate Demand (AD) in an economy expands faster than aggregate supply, we would expect to see a higher inflation rate. If demand is rising faster than supply this suggests that economic growth is higher than the long run sustainable rate of growth.

Except this growth is an anomaly. We artificially crashed the economy and now it's coming back but it's coming back with severe supply chain disruptions and shortages which is increasing prices. Then throw in the .gov dumping money into the economy and you have a recipe for disaster.

You can't use history in this because the world has never been through anything like this.
 
Except this growth is an anomaly. We artificially crashed the economy and now it's coming back but it's coming back with severe supply chain disruptions and shortages which is increasing prices. Then throw in the .gov dumping money into the economy and you have a recipe for disaster.

You can't use history in this because the world has never been through anything like this.

Danke Joe, I mean Hog.
 
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Basic economic theory Einstein.

Is inflation caused by economic growth? - Economics Help

Typically, higher inflation is caused by strong economic growth. If Aggregate Demand (AD) in an economy expands faster than aggregate supply, we would expect to see a higher inflation rate. If demand is rising faster than supply this suggests that economic growth is higher than the long run sustainable rate of growth.
More basic economic theory. When you are seeing inflation you don’t respond by throwing more money on the problem clueless shew. I don’t need a link for that it’s common sense to anybody paying attention.
 
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Sure. And Trump shouldn’t have given out any. Which I’m inferring you are referencing spending. Because Trump never threw money at 5% ongoing inflation.
Inflation is a process. He absolutely contributed and promised more but some members of his cult choose to ignore it. This was coming no matter who was in office
 
Inflation is a process. He absolutely contributed and promised more but some members of his cult choose to ignore it. This was coming no matter who was in office
It only happened when the current clown threw more than the prior clown. I don’t accept your assertion that 5+% inflation was coming. We normally try to run 1-2%. And deflation is a freaking horrible outcome.
 

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