2024-08-20 15:18:14
The U.S. had low inflation before 2020. Then, in early 2020, COVID created various market problems, causing prices for goods and services to rise. As the labor market tightened during 2021 and 2022, core inflation rose as the ratio of job vacancies to unemployment increased. [Link] NEEDS_MORE_RATINGS(25-2-12) Author
2024-08-20 16:19:48
NNN. This is a personal opinion and a political statement. It is also a defensible interpretation, and has been stated by numerous other sources. [Link][Link][Link] NEEDS_MORE_RATINGS(5-1-31) Author
2024-08-20 18:14:45
Nearly all goods & services cost a lot more than a few years ago. Since Jan 2020, inflation for groceries has actually been less than core inflation. [Link] Inflation is not caused by corporate pricing. Only 7% of economists think it even was a significant contributor to inflation. [Link] NEEDS_MORE_RATINGS(66-2-9) Author
2024-08-21 14:00:51
NNN for opinions. Disagree in the comments. NEEDS_MORE_RATINGS(1-1-2) Author
2024-08-24 13:30:34
Contrary to popular beliefs, including Senator Warren’s inaccurate statements, there has been, and always will be, only one root cause of inflation: Government printing too many borrowed dollars and spending them like an entire Navy of drunken sailors. Period. Full stop. [Link] NEEDS_MORE_RATINGS(1-0-2) Author