Quote:
Originally Posted by Pete F.
Amazing how Biden drove up prices of everything worldwide.
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According to the Wharton School of Business at University of Pennsylvania ( not according to foxnews), when you look at inflation for the 35 developed nations, the USA is tied for highest inflation.
there isn’t a developed nation with higher inflation.
I’m sorry Pete, but both Trump and Biden contributed to that.
Are you familiar with the concept of supply, demand, and price?
When you drastically increase the supply of something ( like the supply of dollars), you run the risk of decreasing the value of that something.
Trump and Biden insanely increased the amount of money. The value of that money is now lower. It’s not rocket science.
The relationship of supply and price applies even when it’s not politically convenient for you.
https://www.dailywire.com/news/u-s-t...ebook%22%7D%7D
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