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zeroonetwothreetoday at 1:57 PM7 repliesview on HN

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piva00today at 2:18 PM

You are leaving out there was a global epidemic happening at the time, it's easier to see the logic of a global crisis which shutdown the global economy creating inflationary pressure from both supply economics, and mitigations taken by governments to keep money circulating (as much as we can disagree if it was the correct measure, it's understandable).

What is understandable about the current causes of inflation?

elcritchtoday at 2:08 PM

Not to mention the “largest transfer of wealth” [1] to the ultra rich during covid times.

1: https://resources.finalsite.net/images/v1746565358/d11org/oq...

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suzdudetoday at 2:14 PM

One president had inflation due to the prior administration building and M2 bomb and a foreign country causing an energy crisis.

The current president the one causing the energy crisis, building another M2 bomb, and raising prices for consumer goods via taxes.

coldpietoday at 1:59 PM

> It's almost as if the choice between the two parties is no choice at all.

Hi, I live in Minneapolis/Saint Paul. You may have heard about what the Republicans in the federal government did here a couple of months ago! The only appropriate response to your sentiment would, rightly, get me banned from this website. Please think before you speak.

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JumpCrisscrosstoday at 2:07 PM

> Didn't we have even higher inflation under the last president

“The index for final demand goods moved up 2.8 percent in May, the largest increase since data were first calculated in December 2009.”

Granted, that’s a slice of an index. But it promotes a pattern: we’re heading into a place similar to 2022. Then, because of money printing (at the time blamed on supply-chain disruptions). This time, because of money printing amidst an engineered supply-chain disruption.

The takeaway is we’ve had a string of shit-for-brain Presidents since Obama.

hilariouslytoday at 2:01 PM

Hm, which wars did the last president start? How many war crimes did he happen to do? How many times was he mentioned in the Epstein files?

Yep, no difference detected here, unless you have eyes or a brain.

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timaclestoday at 2:16 PM

I dont anyone who doesn’t know that the Biden inflation is a result from COVID money printing.