I love your word play...or lack there of
Hopefully you have a nonpartisan investment broker that does the heavy lifting in your portfolio!
Shirley you understand what China being shutdown for so long meant to inflation? Your word of the day is "decouple" and how that may effect inflation.
So yes the huge stimulus checks both Trump and Biden provided seem a tab over reactive in hindsight but the people crying about inflation cashed them! Wtf did they expect?
Combine that with the war which have effected grain prices, the underpinning of food prices along with energy prices.
I understand you Reagan acolytes wanting to avoid this basic replay from 1980 but it basically is.
Originally Posted by WTF
You really are wrong about everything. Biden took office and pushed more stimulus money out the door when it absolutely wasn't needed, and provide nothing more than inflation.
While you are correct that both parties during an election year shoved too much money out the door is true, it is also true they shut the economy down a totally stupid and unscientific way. Smart people woke up by June and July, mainly Republican run states.
World wide weather issues have caused some increases in grain prices by reduced supplies, but the Ukraine war is not the primary reason for higher grain prices.
Much of the food price increase is from Bidens war on fossil fuels and the dramatic increase in fuel and transportation costs.
Biden's economy is the rerun of the disaster of the 1970's. Typical Democrat long term economic destruction, which Obama and Biden have both done. Trump did reduce the problem briefly, but too many regulations often implemented without congressional approval is having the historical disasterous effect like Democrats who have failed history keep promoting.