fed chair powell just testified that the war in ukraine, putin's war,
or as joe puts it ......"everything is putin's fault", is not, repeat not, the main driver of inflation
now if powell clears trump ...where does biden look for someone to blame?
HAGERTY: “Given how inflation has escalated over the past 18 months would you say the war in Ukraine is the primary driver of inflation in America?”
POWELL: “No, inflation was high before, certainly before the war in Ukraine broke out.”
Originally Posted by nevergaveitathought
Inflation will drop when the price of fuel drops....
But yes all the stimulus money handed out by Trump and Biden didn't help.
The world shuts down for over a year and when finally open it back up you don't think there will be inflation....especially when China a huge supplier of goods shuts back down and Putins war escalates gas prices?