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They don't. They also don't understand that printing trillions more dollars makes each individual dollar worth less. Thus, prices for commodities that hold their value increase. Inflation.And I don't see any indication that the Biden administration cares.
I'm saying that this is a global thing and not necessarily the fault of the squad.And is your point Bubba that Europe’s inflation is causing our inflation and that it is not Biden’s doing?
I'm saying that this is a global thing and not necessarily the fault of the squad.
They also don't understand that printing trillions more dollars makes each individual dollar worth less. Thus, prices for commodities that hold their value increase. Inflation.
And is your point Bubba that Europe’s inflation is causing our inflation and that it is not Biden’s doing?
I'm saying that this is a global thing and not necessarily the fault of the squad.
Some experts have been predicting an economic collapse in China for +20 years. I will say the wise guys are betting on continued economic expansion. As they say, wish in one hand and poop in the other and see which one fills up faster.Not all of it but a country that represents 1/4 of the world's GDP does affect the entire globe. Likewise, if China has an economic collapse that some experts have said will happen we're all going to feel it.
Don't overlook the numbnuts who refuse to acknowledge that increasing minimum wage will necessarily result in wage hikes elsewhere which necessarily results in costs going up for production, which means...drum roll please...cost to consumers goes up.To a degree but not everyone is shutting down their oil and gas suppliers and printing $$$ like making candy.
Good to hear that nowadays they're loading up the mixed nuts with more cashews, almonds, philberts, and Brazil nuts, and not so many peanuts.I found out over the weekend how real inflation is. I went to the Dollar store to get my usual bag of mixed nuts. Got home and opened it up and it had 1 peanut in it.
I think the optimal outcome would be a flattening out of their growth. A complete collapse over there would hurt everyone.Some experts have been predicting an economic collapse in China for +20 years. I will say the wise guys are betting on continued economic expansion. As they say, wish in one hand and poop in the other and see which one fills up faster.
Politicians don't HAVE to enact policies to mollify stupid people with useless degrees.The ones who get useless degrees will ***** and moan about not finding the six-figure job they believe they are entitled to because of their Afro-Icelandic Gender Dance studies degree. The latter group goes on to whine about their lot in life, which leads to crappy policies that harm the economy.
They may both be incompetent, but I think there's one major difference. I actually believe Carter cared about the country. biden is nothing but first class pilferer, swindler and racketeer.
Carter did some things right that were overshadowed by his failures. In contrast, Biden is doing nothing right.They may both be incompetent, but I think there's one major difference. I actually believe Carter cared about the country. biden is nothing but first class pilferer, swindler and racketeer.
I'd vote for Al Capone before biden. He may load up his bank accounts with embezzlements, but he wouldn't put up with the woke BS.
It's amazing that anybody would be capable of not understanding this. It's pretty basic stuff.
Yet we have "experts" calling this inflation unexpected, surprising, etc, when tons of laymen loudly predicted it a year ago based on simple and obvious principles.
Carter did some things right that were overshadowed by his failures. In contrast, Biden is doing nothing right.
minimum wage typically means entry-level unskilled work and is not, for the past few generations, been intended to support a family
Exactly, Run Pincher. IMO, Jimmy Carter was a well-intentioned, honorable man who was simply in a job that was too big for him to handle.They may both be incompetent, but I think there's one major difference. I actually believe Carter cared about the country. biden is nothing but first class pilferer, swindler and racketeer.