you know we don't live in those countries right? you know there are countless variables that influence same right? what we do know is twofold: 1) biden's excessive stimulus exacerbated policy here and those prices have not subsided. we are now stuck with them. the inflation rate has calmed but now the prices are a new norm; 2) biden did this as a matter of policy. not a response to a pandemic. he did it because he wanted to be transformative and provide cradle to grave benefits. what went on in other countries is wholly inapposite to here
"But regarding the exact amount of inflation, the US stands out. And it started to stand out shortly after President Biden took office.
From 2021 onward, what’s known as “core inflation”
has been significantly higher in the US than in other wealthy countries. (Core inflation is a common metric that
excludes food and energy prices, which tend to be volatile, to try to get a better sense of general price levels and inflation in an economy.)
A
recent article published by the Federal Reserve Bank of San Francisco makes this point. The authors — Òscar Jordà, Celeste Liu, Fernanda Nechio, and Fabián Rivera-Reyes — compare core inflation in the US to the average of eight wealthy countries (the United Kingdom, France, Germany, Canada, the Netherlands, Norway, Sweden, and Finland). Before 2021, these and the US had similar inflation levels. Then the US’s shot up."
excess unnecessary vote pandering to the far left is why we gave away the house. now it's student loans. if biden wins again and has control we are f'kd. it's an administration run by purple haired social workers behind a cadaver
