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re: Biden hasn’t even been in office a year.

Posted on 7/22/21 at 12:28 pm to
Posted by Big Scrub TX
Member since Dec 2013
33591 posts
Posted on 7/22/21 at 12:28 pm to
quote:

We are devaluing the dollar at an alarming pace.
Goddamn you idiots are fricking stupid and ignorant.

The value of the dollar is UP since Biden took office (not that he had anything to do with it, but just the idea that in your mind, it's somehow been plummeting.)

DXY

What's more, it went DOWN during Trump's presidency. I can't wait to hear how that was Biden's fault.
Posted by Landmass
Member since Jun 2013
18187 posts
Posted on 7/22/21 at 12:36 pm to
quote:

The value of the dollar is UP since Biden took office 


That's funny because inflation is rampant and we can buy less with our money than we could even a year ago. Explain to me how that means that the value of the dollar is up. I think you need to take your "you idiots are fricking stupid and ignorant" comment and apply it to that person in the mirror.


And there is no need for name calling.
This post was edited on 7/22/21 at 12:37 pm
Posted by nonu121
Member since Jul 2021
45 posts
Posted on 7/22/21 at 12:36 pm to
It definitely feels like this forum is living in its own bubble.

The economy is doing fine, the stock market is in good health, M&A activity is booming (banking firms are hiring like crazy because of increased deal flow), and Biden's widely seen as doing a good job on vaccination.




Posted by sawtooth
Baton Rouge
Member since Jul 2017
3588 posts
Posted on 7/22/21 at 12:48 pm to
Right. That’s why inflation is occurring because the dollar buys more. Talk about a fricking moron.
Posted by oldskule
Down South
Member since Mar 2016
15476 posts
Posted on 7/22/21 at 1:49 pm to
quote:

I can't wait to hear how that was Biden's fault.


Everything is Bidens' fault....haven't you figured that out yet! This administration is the WORST in US history, and everybody knows that, even you DEMS!

There is NO basis for debating this fact....Biden, and the whole DC LEFT are horrible!
Posted by Loserman
Member since Sep 2007
21966 posts
Posted on 7/22/21 at 4:24 pm to


From 2016 to end of 2020 inflation was a total of 7.8%

From 2020 until now inflation so far is 5.0%

In other words
In 2016 a $1 widget z cost $1, in 2020 it cost $1.08

In 2020 1$ could buy widget x, in 2021 it already costs $1.05

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