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CHIEFTAINTEROIX t1_iugl6n9 wrote

The Fed runs the show, not Joe and not Donald. Inflation is a byproduct of loose money printing, especially during Covid, prior to Joe being electes

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Rixtertech t1_iugmmx3 wrote

President Biden didn't create the last 100 years of capitalist insanity, in the larger scheme of things he's a bit player. Amazing how Repups wail about the horrendous destructive power of an American president when they have a personal crisis when at the same time they can't resist calling him "sleepy joe" "uncle joe" and etc. For some of us the Big Crisis started twenty years and more ago... you're just a late arrival.

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mellowMangos t1_iugmro5 wrote

Before ppl start arguing in comments, just wanna say sucks you’re losing the house man. Where im from (normal middle/lower-middle class area) anyone who owned property before covid won the lottery, and everyone else is priced out (except for out of staters of course). I don’t truly understand why everything is expensive, it seems like so much stuff is happening in the world (saudis can change gas prices at the snap of a finger), but regardless, it sucks.

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WrongdoerClean7529 t1_iugr8of wrote

Replying to Wide_Television_7074 (#370,346)

Found the idiot. Inflation occurred to due Trump forcing the Fed’s hand during the stock market Covid crash. The monetary policy started with Trump and did continue under Biden but both are at fault for being asleep at the wheel.

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Wide_Television_7074 t1_iugru6b wrote

Replying to WrongdoerClean7529 (#371,958)

If Biden hadn’t constrained oil and gas production; our inflation rate would have been much lower. He also wouldn’t have had to drain the strategic petroleum reserve which will be very harmful next year. He took an energy independent country and made us reliant on foreign frenemies. The stock market is punishing us for those (Joe Biden’s) policies.

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WrongdoerClean7529 t1_iugs3cj wrote

Replying to Wide_Television_7074 (#372,103)

That has nothing to do with the current woes of the stock market or general inflation. The fed is triggering a recession by using monetary policy called quantitative tightening. You’re spouting republican talking points. Read and expand your mind a little.

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Gael459 t1_iuguiuc wrote

Replying to WrongdoerClean7529 (#372,173)

Bidens spending bills, and specifically stimulus money, decreased unemployment and increased inflation. It was necessary to some extent but he way overdid it. We should not have been back sub 4% unemployment in a year. A slower more natural recovery would have prevented the rampant inflation, and the fed would not need to raise rates as much.

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Mission-Document5257 t1_iugw1ab wrote

Make better decisions. You have no one to blame but yourself - and the fact you're using that term doesn't speak well of you. Are you a Trumper?? Then read a fucking book or two.

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ForklkftJones t1_iuh4rfs wrote

Ask uncle Donald if you can stay at one of his homes.

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smartest_kobold t1_iuh9gch wrote

Inflation makes your debt smaller. Your employer could just pay you more.

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Beautiful_Repeat_718 t1_iuh9xmu wrote

You're blaming a man less than 2 years into his presidency for what is happening to you? Let me ask, has anything in your life ever been your own fault or have you always been a "victim" and everyone is out to get you?

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