Did Joe Biden Inherit Inflation?

Yes, Biden inherited all the effects of pumping COVID money into the economy, which started under Trump and continued.
 
Jade Dragon said:
Yes, Biden inherited all the effects of pumping COVID money into the economy, which started under Trump and continued.
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And if someone as stupid as you were president, you're saying you wouldn't have pumped money into combating COVID?
I suppose you're quite satisfied that so many people lost their lives, while you were so happy to see some 20 million illegals
under the biden admin flow through and destroy our nation from within. Why is it that according to the graph above that
inflation hit all time highs under biden and is still high during his 3 1/2 + years as potus where COVID is shitting out and
you libs have no further need to mandate mask wearing and home seclusion?
 
Yes he did it was a gift from Putin.. The inflation is a product of Putin's attacking Ukraine taking lots of food and oil off the market. Rightys cannot understand that removing product drives up the cost assuming the demand stays the same. It increases during war.
 
Nordberg said:
Yes he did it was a gift from Putin.. The inflation is a product of Putin's attacking Ukraine taking lots of food and oil off the market. Rightys cannot understand that removing product drives up the cost assuming the demand stays the same. It increases during war.
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Neither Putin nor Ukraine control the dollar, Sybil. The Congress does, through the Federal Reserve.
 
Libhater said:
And if someone as stupid as you were president, you're saying you wouldn't have pumped money into combating COVID?
I suppose you're quite satisfied that so many people lost their lives, while you were so happy to see some 20 million illegals
under the biden admin flow through and destroy our nation from within. Why is it that according to the graph above that
inflation hit all time highs under biden and is still high during his 3 1/2 + years as potus where COVID is shitting out and
you libs have no further need to mandate mask wearing and home seclusion?
Click to expand...
Someone as stupid as Jade Dragon was / is President. His name is Joke Bribem...
 
Libhater said:
View attachment 33452
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Did you happen to notice that the inflation was WORLD WIDE?

Did you happen to notice that the inflation coincided with:

CARES ACT by trump, $2 trillion FIAT CURRENCY INFUSION

And

ARP by Biden $2 Trillion FIAT CURRENCY INFUSION

DID YOU EVER RECIEVE AN EDUCATION WHICH EXPLAINS THE FACT THAT INFLATION TAKES 6 MONTHS TO 12 MONTHS TO manifest
after such currency infusions, which occured AT THE END OF TRUMP"S TERM such that he wouldn't experience the inflation.

DID IT OCCUR TO YOU THAT ALL OF THE WESTERN NATIONS DID THE SAME THING, AND OUR INFLATION WAS LESS SEVERE THAN ALL OF THE OTHER WESTERN DEVELOPED NATIONS?

DID IT OCCUR TO YOU THAT THE REASON FOR THE FIAT CURRENCY INFUSIONS WAS TO PROP UP AN ECONOMY DESTINED
TO COLLAPSE BY THE PANDEMIC AND IT'S SUPPY CHAIN DISRUPTIONS?

DID IT OCCUR TO YOU THAT BOTH TRUMP AND BIDEN KNEW THAT THE ONLY POSSIBLY WAY TO PREVENT AN ECONOMIC COLLAPSE
WAS TO DO THESE CURRENCY INFUSIONS, that the inevitable inflation what would ensue was the price we paid to save the economy?

DID IT OCCUR TO YOU THAT NEITHER BIDEN NOR TRUMP HAVE ANY CONTROL OVER THE FED, THAT THEY IMPLEMENTED THESE INFUSION TOTALLY INDEPENDENT OF EACH ADMINISTRATIONS, AND THAT THEY HAD TO IN ORDER TO PAY FOR THE CARES AND ARP ACTS?

DID IT OCCUR TO YOU THAT THE END OF A PRESIDENT'S FISCAL YEAR IS 9 MONTHS INTO THE NEXT PRESIDENT'S TERM, AND TRUMP'S
FISCAL YEAR ENDED ON OCTOBER 31, 2O21 and inflation began in March of 2021, well within Trump's fiscal year ? ALL FISCAL YEARS ARE FROM OCTOBER TO SEPTEMBER THE FOLLOWING YEAR.

Did you happen to notice that BIDEN ADMINISTRATION BROUGHT IT BACK DOWN?

Did it occur to you that Trump increased the national debt by $7.8 Trillion, higher than any president in US History?

DID YOU?

NO, Y:OU DIDN"T.

And because you didn't, that makes you a first class asshole for your disingenuous and misleading thread.
 
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Publius said:
Did you happen to notice that the inflation was WORLD WIDE?
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Fiat currency is used worldwide. All nations using fiat currency have inflation.
Publius said:
Did you happen to notice that the inflation coincided with:

CARES ACT by trump, $2 trillion FIAT CURRENCY INFUSION
Click to expand...
Nope. Inflation has been part of fiat currency since fiat currency.
Publius said:
And

ARP by Biden $2 Trillion FIAT CURRENCY INFUSION

DID YOU EVER RECIEVE AN EDUCATION WHICH EXPLAINS THE FACT THAT INFLATION TAKES 6 MONTHS TO 12 MONTHS TO manifest
after such currency infusions, which occured AT THE END OF TRUMP"S TERM such that he wouldn't experience the inflation.
Click to expand...
It doesn't take six months. You are making shit up again.
Publius said:
DID IT OCCUR TO YOU THAT ALL OF THE WESTERN NATIONS DID THE SAME THING, AND OUR INFLATION WAS LESS SEVERE THAN ALL OF THE OTHER WESTERN DEVELOPED NATIONS?
Click to expand...
All western nations are currently using fiat currency, and have inflation as a result.
Publius said:
DID IT OCCUR TO YOU THAT THE REASON FOR THE FIAT CURRENCY INFUSIONS WAS TO PROP UP AN ECONOMY DESTINED
TO COLLAPSE BY THE PANDEMIC AND IT'S SUPPY CHAIN DISRUPTIONS?
Click to expand...
It DID collapse, moron. Democrats started the current economic depression.
Publius said:
DID IT OCCUR TO YOU THAT BOTH TRUMP AND BIDEN KNEW THAT THE ONLY POSSIBLY WAY TO PREVENT AN ECONOMIC COLLAPSE
WAS TO DO THESE CURRENCY INFUSIONS, that the inevitable inflation what would ensue was the price we paid to save the economy?
Click to expand...
DEMOCRATS started the Covid Hoax, moron. They also started the current economic depression with it.
Publius said:
DID IT OCCUR TO YOU THAT NEITHER BIDEN NOR TRUMP HAVE ANY CONTROL OVER THE FED, THAT THEY IMPLEMENTED THESE INFUSION TOTALLY INDEPENDENT OF EACH ADMINISTRATIONS, AND THAT THEY HAD TO IN ORDER TO PAY FOR THE CARES AND ARP ACTS?
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Paradox. Irrational. You cannot argue both sides of a paradox.
Publius said:
DID IT OCCUR TO YOU THAT THE END OF A PRESIDENT'S FISCAL YEAR IS 9 MONTHS INTO THE NEXT PRESIDENT'S TERM, AND TRUMP'S
FISCAL YEAR ENDED ON OCTOBER 31, 2O21 and inflation began in March of 2021, well within Trump's fiscal year ? ALL FISCAL YEARS ARE FROM OCTOBER TO SEPTEMBER THE FOLLOWING YEAR.
Click to expand...
Inflation began in the 1930s in the United States and has never ceased.
Publius said:
Did you happen to notice that BIDEN ADMINISTRATION BROUGHT IT BACK DOWN?
Click to expand...
Blatant lie. The dollar has been devalued by 36% since Biden was installed.
Publius said:
Did it occur to you that Trump increased the national debt by $7.8 Trillion, higher than any president in US History?
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Trump cannot add to the debt. Only Congress can, moron.
The current national debt is $35.7 trillion.

Publius said:
DID YOU?

NO, Y:OU DIDN"T.

And because you didn't, that makes you a first class asshole for your disingenuous and misleading thread.
Click to expand...
Unfortunately for you, I understand the Constitution and the history of currency in the United States.
Your blatant lies won't work with me.
 
the Fed uses inflation intentionally. we will always have inflation - as currency debasement is how we mitigate our ridiculous debt and share it with the entire world.

it just became especially excessive post covid
 
zymurgy said:
the Fed uses inflation intentionally. we will always have inflation - as currency debasement is how we mitigate our ridiculous debt and share it with the entire world.

it just became especially excessive post covid
Click to expand...
Unfortunately, the debt is so big now that it can no longer be mitigated.

You can only pay for this sort of party so long before the quacamole runs out. People are already looking around for another currency. The faith in the dollar is waning. The Fed is losing control.
 
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