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re: So sick of the price of everything right now.

Posted on 9/18/23 at 11:40 am to
Posted by Revelator
Member since Nov 2008
58279 posts
Posted on 9/18/23 at 11:40 am to
quote:

There are legitimate market forces at work too that the government has no control over.



Did these market forces just suddenly appear once Biden took office?
This post was edited on 9/18/23 at 11:41 am
Posted by Tantal
Member since Sep 2012
14197 posts
Posted on 9/18/23 at 11:49 am to
quote:

Did these market forces just suddenly appear once Biden took office
Do you really think Biden invented inflation? A good portion of it is the massive COVID spending coming home to roost. Another part is, ironic given the name, the Inflation Reduction Act. The last part is the increase in capital costs which can be partially blamed on our current industrial build-out and partially on the retiring Boomers taking their money out of the market.
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