Putin’s Price Hike

[Sled21]

(04-14-2022, 02:29 PM)NATI BENGALS Wrote: So what is causing all the inflation? Other than the generic talking point to just blame Biden.

I start the finger pointing with the pandemic having something to do with it. The “great resignation”. Rising wages as companies fight to hire people. Supply chain bottlenecks. Oil companies recouping their losses from 2020. Torn up trade deals and new tariffs in recent years.

If it’s all on Biden, why?

I blame Biden for fuel increases, but the inflation started, IMO (and I am not an economist) with the Covid relief payments. The govt. pumped a lot of money they printed and handed it out over and over, devaluing the dollar. Supply chain bottlenecks could be fixed, again IMO, somewhat by relieving some of the regulations on truckers so they can actually move the freight once it's offloaded.