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Paper_Disastrous t1_ivnv4x1 wrote

They blame the democrats for inflation. And not just here in the US. Somehow the democrats also caused inflation in most industrialized nations across the globe. I guess their evil knows no bounds....

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UnfairAd7220 t1_ivpjlw9 wrote

SMH.

The US dollar is the world's reserve currency. Our manipulation of the dollar kicked off a wave of inflation around the world.

We're dragging them with us.

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BakedBeansBazar t1_ivqyxu0 wrote

Printing $3 trillion dollars in 6 weeks under the Trump administration had zero effects on inflation at all, right?

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CocoTheElder t1_ivqzauh wrote

And 45s $2T tax cut that was supposed to trickle down but was all funneled into stock buybacks and pretend inflated 401k increases without any underlying change in fundamentals had absolutely nothing to do with undermining the perceived value of that reserve currency. Yeah, ok.

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