this post was submitted on 25 Dec 2023
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[–] [email protected] 20 points 1 year ago (3 children)

Trump was literally on Twitter bullying the fed chair to not raise rates, threatening to fire him. The inflation situation is very uniquely his fault.

[–] Chunk 2 points 1 year ago (1 children)

The inflation is caused by a conglomeration of things, and mostly not from us giving out stimulus. Trump is a clown but he didn't cause the inflation.

The inflation is supply side. That means it's caused by reduced stuff, not increased money. The Russian war caused oil to skyrocket and that caused a significant amount of the inflation.

[–] MotoAsh 0 points 1 year ago

Wrong. Just... wrong. Too wrong to care to fix. You cannot say, "it's complicated, buuuuut it's this other thing and TOTALLY not the other partt of the equation!"

You are dumb if you think it is supply side only. Purely, utterly stupid.

[–] [email protected] 1 points 1 year ago

And he bitched about the Fed under Obama for keeping interest rates low and claimed that the real unemployment rate was like 42%.