Inflation is, paradoxically, both incredibly simple to understand and absurdly complicated. Let's start with the simplest version: Inflation happens when prices broadly go up. That"broadly" is important: At any given time, the price of goods will fluctuate based on shifting tastes. Someone makes a viral TikTok about brussels sprouts and suddenly everyone's gotta have them; sprouts prices go up.
9 trillion stimulus bill in March that made Americans suddenly flush with cash and unemployment assistance. People started shopping again. Demand went from zero to 100, but supply couldn't bounce back so easily. When you pull the plug on the global economy, you can't just plug it back in and expect it start humming at the same pace as before. Take cars, for example.
BidenInflation
Price of fuel.vax mandates.etc.
Starting making supplies in our own country and give them tax breaks to keep price lower than imported goods
JoeBiden
It’s called Capitalism not inflation. Businesses are making up for the last two years. Supply Chain problem; American Corporations moved mfg. to Mexico, China, etc...
Weird how they don’t mention Biden admin spending and printing of money in any way
Confused? Prices ALWAYS go UP, when people want to continue to make a profit, or make an even bigger profit, by selling crap! - the 'American dream' - get rich quick! It is called CAPITALISM/CONSERVATISM/REPUBLICANISM! Where is the confusion?
You were warned! BrexitReality 🤬
Joe Biden
Democrats trying to comprehend numbers.🙄 It’s an age old problem that they’ve never been able to figure out.
Biden is to blame
Time to do the 'PIE'.
We could solve all the back and forth bickering and research inflation and its causes on our own so that half of us can come back and admit how wrong they were to listen to CNN ever
Let’s go Brandon
Carter didn’t get it either back in 1982- our first house was bought with 18.5% interest on our loan. You younger peopledon’t get it as you take out a 3% home loan. You can’t buy much house at 18.5%. We are headed that way and you will regret voting for Joe and the Dems!!
The good news is that there are really just two underlying causes of inflation. One is that the monetary authorities print too much money. Like anything else, when its supply becomes relatively abundant, money loses value.
INFLATION KEEPS UP RISING BECAUSE OF HIGHLY TAX IMPOSE BY INCONSISTENT AND INCOMPETENT JOE BIDEN AND BARACK OBAMA,AND CNN YOU PRETEND AS IF YOU DON'T KNOW WHOM TO BLAME,ON THIS INFLATION RISING,IN AMERICA TODAY JOE BIDEN IS NOT CAMPAIGNING ABOUT MADE IN AMERICA PRODUCTS VERY BAD
The Biden administration is to blame . Nothing is going in the right direction in this country , NOTHING !
You have do some research.... What were the price of goods before Biden. Pretty low. When he came in.... prices went up. Pretty simple who caused the issue.
Blame everything on the pandemic lol. Blame Biden for the billions he gave in stimulus money, exercising stricter regulatory measures, shutting down pipelines, and not having any idea how an economy works or the supply chain. Liberal CNN trying to take the focus off POTUS.
In the article you write, “wages go up.” What wages? It isn’t until recent that companies are accepting even $15 for employment, and this is for basic qualifications. 2nd, if we blame the stimulus, we need to blame how the stimulus was given to businesses. Especially, (1/2)
Let’s Go Brandon
Greed is much of the reason
George W Bush and his wife, Laura, were attacked in 2001, told me to say hi daily until otherwise told
When you believed mediumm lying to vote a sleeping admin, I’m sorry to tell u that the inflation is just one of beginning .
You failed to mention, artificially low interest rates and large amounts of printing money.
Lemme guess….Trump?
Let’s go Brandon
I could not give a fuck about gas or milk.
The salary of many workers should have risen, and it is natural that the price of goods will rise if the salary rises. There can be no such good story that only salary goes up. Inflation of 5% means that salaries have risen by a similar amount.
Trump is to blame for everything for at least the next 25 years. Why you may ask? Because I said so, that’s why.
What does it mean? Its what Ethiopia mean.
Lets go brandon!
Brandon
The correct answer is the previous, and current Presidential administration's fiscal irresponsibility in regards to injecting absurd amounts of debted new money into the economy. I reckon the comments will be mostly fools who blame one or the other.
Bidenflation
Holy shit, none of this is accurate
america and its people are to blame. Putting the wrong people in office who allow other countries to run all over us. It's your fault america
GO BRANDON GO FJB!!!
Biden
Some real tou fur twisting and brain wrenching here to excuse joe Biden.
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