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re: Can anyone honestly tell me how Covid19 and Putin has caused inflation in the US?
Posted on 5/11/22 at 11:48 pm to Bass Tiger
Posted on 5/11/22 at 11:48 pm to Bass Tiger
I think you can tie portions of inflation from COVID back to the supply chain issues coming out of China.
But mainly because of all the stimulus packages. fricking assholes.
But mainly because of all the stimulus packages. fricking assholes.
3
Posted on 5/11/22 at 11:52 pm to GeorgeTheGreek
quote:
I think you can tie portions of inflation from COVID back to the supply chain issues coming out of China.
But mainly because of all the stimulus packages. fricking a-holes.
There’s no doubt the China supply chain shortages exacerbated the US economic downturn but our government panicked and made the situation far worse than it should have been.
This post was edited on 5/11/22 at 11:54 pm
Posted on 5/11/22 at 11:54 pm to GeorgeTheGreek
quote:Correct. That's what got it started.
I think you can tie portions of inflation from COVID back to the supply chain issues coming out of China.
quote:The last one - right after Biden was elected - was almost $2T. That was responsible for AT LEAST 3-5% of the inflation we are currently seeing now.
But mainly because of all the stimulus packages.
And don't forget - he wanted $6T.
Posted on 5/12/22 at 9:30 am to GeorgeTheGreek
quote:
I think you can tie portions of inflation from COVID back to the supply chain issues coming out of China.
That's the obvious answer. Just look at the auto market. There are hundreds of thousands of new vehicles already built, just waiting on chips from China. Prices of limited supply of new vehicles skyrocket. Which makes used vehicles prices skyrocket.
quote:
But mainly because of all the stimulus packages. fricking assholes.
Agree here too. Remember Trump bucks?
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