U.S. inflation rate is in the middle of the pack globally

Discussion in 'Latest US & World News' started by yardmeat, Jun 15, 2022.

  1. yardmeat

    yardmeat Well-Known Member

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  2. Steady Pie

    Steady Pie Well-Known Member Past Donor

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    Massive shortages caused by lockdowns plus massive expansion of the money supply = inflation.

    It's a global issue because practically all countries pursued these disastrous policies.
     
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  3. cd8ed

    cd8ed Well-Known Member Past Donor

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    I also saw a very interesting report showing how many million fewer barrels of oil OPEC is producing than pre-COVID in addition to their being fewer refineries making the type of gas America consumes.

    It is fascinating how all of these events are trying together for the hyper partisans to say it is policy positions from one man and if their party was in control none of this would happen. Almost like some have no concept of reality (and / or integrity).
     
    Last edited: Jun 28, 2022
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