Which ONE of the following statements BEST expresses your thoughts about how bad inflation is in America?

[Anonymous]

A - “I’m not an American, so…” — “…who cares?” and/or “…stop whining America, inflation is a lot worse where I live!”

B - “You ain’t seen nothing yet—it’s gonna get a lot worse!”

C - “It’s all Putin’s (and/or COVID’s) fault!”

D - “It’s all Trump’s (and/or MAGA Republicans’) fault!”

E - “It’s all Biden’s (and/or the US Federal Reserve’s) fault!”

F - “November 2024 can’t come fast enough!”

G - Other

Updates

1 y

UPDATE 1:
Update 1A: Please make it clear in your opinion how you voted in the poll to this question

Update 1B: For those who provide/have provided an opinion, please also cast a vote in the poll

Updates

1 y

*** UPDATE 2: In your Opinion to this question, please state which A through G answer-option you selected in the poll to this question

[ohshee]

It could be all of the above
But let's just be honest here and let's just go back a couple years

5G and covid come out at the exact same time 5G is a military weapon 5G will give you the same exact symptoms as covid-19 there were thousands of scientists who came out and said if we hook up 5G this is what's going to happen all the symptoms that covid has if people are going to get sick and people are going to die just like what happened not quite as bad
as 4 G3 g2g President Obama at the time swept it under the table.
The moment 5G was turned on in China that's exact times and covid-19 hit it's called greed it's called if you're going to go that far to destroy your people if you are going to go that far to change the molecules in our drinking water and what gives this planet life there's nothing but greed that means there's an agenda.

The next thing is you have a toilet paper scare
It's just toilet paper but it's what everybody in the world every house uses
There was still wear houses and warehouses full of toilet paper but they wanted to see how we reacted how we acted how we handled it

Now covid-19's out of control everybody has to put on mask
Either you're curious about it can you do your own homework to find out the truth or you follow
When you follow and you get propaganda at each and every day did just bombard you with propaganda and then you get scare tactics it scared the living crap out of you that's called brainwashing within one month's time enough propaganda enough fear factors it will brainwash you into believing whatever it is they want you to believe in
Are you can do your homework and you could go to the hospital to see how many sick people there are or you can do your homework and be smarter to know that 35000 people die every year in every state for gunshot wounds for cancer pregnancies car crashes shootings the common cold old age
And when the reports come out that nobody died of any of those one year everybody died from covid-19 that one person got hit by a car that one person got shot not one overdose all covid-19 it makes you start to think there is a business in my town in order for you to walk to the doors you have to have your temperature taken to this day from day one of covid-19 Everlast has two and a half years that one person has been turned away with covid-19 not one it makes you start to think can you have all these cargo ships that are stuck out in the ocean all the food everything is wasted away that makes you start to think when you have a priority like that you get it handled you taken care of it no matter what it takes but they didn't it makes you start to think why are they doing what they're doing why are they trying to control us why are they spending all this money and why all this food waste it away if you have no money you have no food you have to depend on somebody that's called our government they have an agenda we have been sold out it doesn't matter if you're Republican or Democrat each party is going to do what you're doing right now you would think how to 580 something elected offices in our country there would be one person it would stand up to be great out of all the elected officials somebody would stand up but they're not going to we have been sold out
One other thing like I said either leader or follow
India is one of the smartest countries some of the smartest people they've already started tearing down 5G Towers research and find out why

[Asker]

Which A through G answer-option did you select in the poll to this question?

[ohshee]

G...

[BeMuse]

It's engineered policy by the Federal Reserve. They obviously need to be dissolved, hung, and all the wealth they have stolen needs to be taken forcefully by the military and returned to the people.

[Asker]

Something else is going on with the high US annual (12-month year-over-year) inflation rates, because they were below 3% from January 2012 through March 2021…

www.usinflationcalculator.com/.../

[BeMuse]

All inflation is a policy decision by the Fed. The Fed is currently trying to destroy the USD and move to a new central bank digital currency so that they can track and control currency more tyrannically. They've been out in the open about it for a long time. They are purposely crashing the economy.

www.federalreserve.gov/.../...discussion-paper.htm

[BeMuse]

That said... The Fed will fall...

Yes.
Gold shall destroy FED.

Q

[Asker]

Yeah?

But that federalreserve. gov link says “…a CBDC [central bank digital currency] would be a liability of a central bank, like the Federal Reserve.

While a CBDC could provide a safe, digital payment option for households and businesses as the payments system continues to evolve, and may result in faster payment options between countries, there may also be downsides…”

If the Federal Reserve is “trying to destroy the USD and move to a new central bank digital currency,” then why would it openly say that?

[BeMuse]

What exactly does this say to you?

https://fred.stlouisfed.org/series/M1SL

[BeMuse]

They are speaking loud and clear... Maybe we just speak different languages.

[Asker]

I’m sorry, I don’t know what you’re specifically pointing out in the above link. Also, in any case, I’m not very savvy about financial details & analysis.

[BeMuse]

The rapid increase in the money supply is pretty obvious to anyone looking at that chart. That was a result of deliberate fed policy. When you increase the money supply faster than the growth of real output, you foster an environment where there are more dollars competing for the same goods and assets. This was an intentional decision by the fed. Money was funneled to cronies of the fed who purchased bad paper like failing corporate bonds to bail out zombie corporations and bolster the markets. The wealthiest 1% own 54% of the market and the wealthiest 10% own 90% of the market. It was a massive transfer of wealth to the wealthiest people in order to drag down the remaining 90% of the population and destroy their wealth. It is a financial attack on America. We are at war, and the fed is deliberately attempting to destroy the USD. As has been present in the previous link their new central bank digital currency is their planned replacement. As they openly state, it may result in faster payment options between countries. This isn’t a plan for just America… They have aspirations for a global currency. In order to achieve that, they first must destroy the world reserve currency which is the USD. Their goals for tracking everyone are plainly obvious with the recent push by the U. S. treasury to centrally snoop on all accounts with more than $600. You’d have to be asleep to not see what they are doing… Wait until you learn about expiring money. That’s on their wish list as well.

[Asker]

Ok, thanks for that…
Believe me when I say that all of what you just said is not obvious to me & not totally understandable by me.

Question (excuse my ignorance):
What’s the difference between the impacts of what you discussed above and the trillion dollar rescue plans that the Biden administration pushed and Congress passed?…in layman’s terms, which of those 2 things pumped more dollars into the US economy and contributed MORE to the higher inflation rates the US has continued to see since April 2021?

[BeMuse]

Congress are working hand in hand with the fed to strip American wealth. Their roll is integral to the attack. By running a persistent budget deficit through massive spending bills, money must be printed to make up the shortfall. This money is loaned to America at an interest rate which future tax payers must pay. As a result more money enters the system which creates more competition for the same goods and assets which causes everything to become more expensive, but that money is not distributed evenly to all citizens, it is specifically funneled to select people like Bill Gates for PCR tests, masks, experimental vaccines, etc. as outlined in the bill. Bill Gates then turns around and spends that money on hard assets like farm land which increases the price of real estate making it harder for normal people to own land or a home. Being that select people often get that money lent to them for 0% interest they are always able to out compete average people who might have to pay 5% interest to make the same investment.

[BeMuse]

Ultimately money is a claim on human labor. You spent your time an energy in exchange for it, but they are rapidly printing it out of thin air and giving it to their friends which dilutes your purchasing power through inflation. So in essences if you are a saver they are stealing your labor, which means you have in effect become a slave retroactively. The faster they print, the hotter inflation runs. Hyper inflationary markets cause the destruction of a currency and that is ultimately their goal. They already have their new digital currency lined up for the reset... The robbery goes like this, first they funnel tons of money to their pals through spending bills and 0% interest loans, who then go out in the market and purchase hard assets like land. When they have consumed their fill then and there is nothing left for normal people who aren’t part of their private club, then they default on the debt and introduce the new currency system. Generally right before that happens, the government will try to loot private citizens bank accounts in the middle of the night under the guise of paying government debts/interest. Thus if you do not want to be robbed blind you are forced to invest and speculate as a citizen living within an inflationary money regime. This forces you to take risks, which ultimately destabilizes the entire economy causing it to crash.

[BeMuse]

It is a deliberate attack. It is not something that just happens on it's own by mistake...

[Asker]

Wow…thanks for all that…you’re very conversant with financial terminology and how financial goings-on are interconnected.

Do you work in finance for a living?

[BeMuse]

Nope, I don't work in finance. It's just basic knowledge for me... I guess I grew up in the environment. My father owned an accounting firm and before that he was a banker. My grandfather was as a banker... I have an uncle that is a CPA. I grew up in a very affluent city and won awards in politics and economics and all that junk... That said, just because it was dinner table talk for me, doesn't mean you should take the time to figure it out. Everyone should have some grasp of economics.

[Asker]

Oh ok.

I think I should be more knowledgeable about economics & financial things, but I’ve never been that interested in it.

Thanks for replying to this question and sharing your financial wisdom w us!

[Smoke-n-Growls]

This is what happens when you let politicians control the money printing presses and they bailout corporations.

We're seeing the results of decades of consciously terrible fiscal policy from US politicians bought by oligarchs and corporate lobby groups.

You've seen nothing yet, and the way the US reports its inflation numbers is artificially lower than what it actually is. Because in the 80s, they adjusted how they report to make it seem less like hyperinflation.

[Asker]

So you voted G (or E) in the poll to this question?

[Asker]

* CORRECTION: So you voted G (or B) in the poll to this question?

[douride2]

If you think it's bad now just wait. It is going to get worse.

[Asker]

duckduckgo.com/

(Click on the above link and view the image, and then click on the “view file” link and read the very ironic comments about what is said about Trump.)

[Asker]

Here’s that link again:
billmaherrulesforreal.blogspot.com/.../...act.html

[Asker]

…The article for that link is discussing Trump and asked “Is America headed for a crash landing?”; that’s very ironic considered how Trump elevated life in America, and it’s Biden who’s actually been flying the US plane into the ground since his 1/20/2021 inauguration.

[Asker]

* considering

[douride2]

Thanks for a MHO.

[Asker]

You’re welcome

[razelove]

Number 1 major factor, reducing the fuel we produce, number 2, stopping trade with Russia. I mean, seriously, it would be suicidal to invade Russian territory, we aren't going to do it. An embargo on them is equally pointless, as they've been cut off from loans and the global economy for so long that it only emboldens them to create a new system and never reconnect to ours. Anyway, fun times, the only way this could get worse is if the US dollar plummets in value internationally as much as it has domestically and ceases to be an international currency.

[Asker]

Which A through G answer-option did you select in the poll to this question?

[razelove]

Biden

[razelove]

E rather

[Asker]

Ok thanks

[normalice]

It's hard to know who is at fault when republicans actively sabotage any attempt to figure it out. They know no one in the world is stupid enough to vote Republican based on merit so they devote all of their efforts to making democrats look bad. Sabotaging an economic recovery from a crash they caused is kind of their M. O. for the last 4 decades..

[Asker]

Which A through G answer-option did you select in the poll to this question?

[normalice]

It was a tossup between B, C, D, and G so i just chose G.

[Asker]

Ok thanks

[Slartybartfast]

Inflation is much worse in most countries than it is in the USA. Most of it is driven by three things, Putins war, Crypto (which is raising energy prices and chip prices!) and most importantly GREED. Most companies are raising prices and paying record dividends and record CEO bonuses. They didn't have to raise prices, but they have covid as an excuse to do so.

[Asker]

Which A through G answer-option did you select in the poll to this question?

[Slartybartfast]

I didn't answer as none of the responses was entirely accurate. sometimes despite our human tendency to want it otherwise, there are no simple answers to complex questions.

But remember, the three largest inflationary indicators are Fuel prices (%80 Putins war, %20 recovering economy) and food prices (ukrain is one of the world largest food exporters and it's not producing anything , the russians are literally burning their grain silos or taking the grain) and transportation costs which raise prices on everything shipped, even electricity prices and chip prices are up (crypto has a lot to do with that!!! )

But mostly, it's caused by companies paying record dividends to share holders and using covid as an EXCUSE to raise prices on consumers. I say this because for example, a local bakery raised bread prices saying " Grain prices have increased" I have to note that a bushel of wheat is under ten dollars and makes 42 loves of bread the increase in the price of wheat is less than.4 cents a loaf but they wanted to almost DOUBLE the price of a loaf!! Meanwhile the CEO got a $4 million bonus and they paid dividends last quarter on their unexpectedly high earnings.

Oil prices are down but fuel prices increased while the highly SUBSIDIZED oil companies report record profits and dividends.

3 things we learned about Big Oil's surging profits
www.npr.org/.../big-oil-exxon-earnings-gasoline-prices-crude

[Asker]

Seems like: “…there are no simple answers to complex questions” would summarize your thoughts — and this would be answer-option G for you

[joeldalton]

So when prices weren’t that high were CEO’s just not greedy? Tell me you know nothing about economics without telling me you know nothing about economics.

[Slartybartfast]

@joeldalton a CEO has one responsibility, to raise value for the shareholders.

Without the excuse of COVID /inflation they had to be more cercumspect in raising prices.

Ad far as economics , one of my early mentors was Reagans Chief economist and he said I was the most gifted student he ever had.
Where did you study economics?

[joeldalton]

So when prices are down they're being sneaky, when prices are up they're being greedy. prices weren't this high in 2019 and there wasn't covid - so again, you're claiming they weren't being greedy, then?

[Slartybartfast]

Garth Hankinson, CFO, Constellation Brands:

"We're going to look at this on a market-by-market basis, brandby-brand basis, and we will take as much pricing as we think the consumer can absorb."

Lindsay Owens:

"What we're seeing in this moment is really when that profit maximization and opportunity collides. And the opportunity is the cover of inflation."

Opportunity is the cover of inflation..

If you watch the financials , this was being said two years ago.

As Kroger CEO said recently "inflation is good for our business" just like oil prices the gas prices ALWAYS increase faster than the costs.

[joeldalton]

So you don't actually have a reply to my question "what happens when prices are lower, are CEO's not greedy then?". So you're throwing bullshit at a wall and hoping someone buys it.

[Fireguy17]

it has been bad before, I still remeber the Win buttons, it was for whip inflation now.
also it was against the law to raise prices, all sorts of silly crap.
like anything, good or bad economies come and go.
you can't keep giving stuff away for "free" because it can catch up with you/us eventually.
just wait until taxes go up to help pay for it all.
if history repeats itself it ll get worse befor it gets better.

[Asker]

Which A through G answer-option did you select in the poll to this question?

[Fireguy17]

g was what I selected.

[Asker]

Ok thanks

[goaded]

G. It's C, plus greedy corporations whose profits have rocketed up because they haven't absorbed extra costs but passed them and more on to the consumer as higher prices.

[Asker]

Answer-option C is “It’s all Putin’s (and/or COVID’s) fault!,” however…

In April 2021 the US annual (12-month year-over-year) inflation rate went over 3% for the first time since December 2011…10+ months BEFORE the February 2022 Russian invasion of Ukraine.

www.usinflationcalculator.com/.../

US annual inflation rates (per the above link)…

1.4 % - Jan 2021
1.7 % - Feb 2021
2.6 % - Mar 2021

4.2 % - Apr 2021
5.0 % - May 2021
5.4 % - Jun 2021
5.4 % - Jul 2021
5.3 % - Aug 2021
5.4 % - Sep 2021
6.2 % - Oct 2021
6.8 % - Nov 2021
7.0 % - Dec 2021

7.5 % - Jan 2022
7.9 % - Feb 2022
8.5 % - Mar 2022

[Asker]

Answer-option C also included COVID, and you said “It's C, plus…”
…are you saying the high US annual inflation rates the US has seen SINCE April 2021 is mainly COVID’s fault?

[goaded]

You're answering your own question. A pandemic, a million dead Americans, multiple new variants (fortunately none as deadly as MERS), disrupted supply lines, and resumed pent-up demand allows for raised prices. Then Putin invading Ukraine sent fuel prices through the roof, even after a year of price-gouging.

Oil corporations essentially pretend that the cost of processing and distributing oil products rises and falls with the price of the raw material, leading to their massive profits. The rising prices of course being largely due to their refusing to pump more oil.

[Asker]

US states (and countries) shutting themselves down and keeping them shut down crashed economies.

And regarding gas prices — US national average price of regular gas during the Biden administration…

1/20/2021 - $2.39 (Biden inauguration)
2/24/2022 - $3.54 (invasion of Ukraine)
5/11/2022 - $4.40

[goaded]

So? The non-tax part of the price of fuel in the UK also almost doubled in the same period. Is that Biden's fault, too?

Date, pump price, tax
25/01/2021 118.1 57.95 ~60
07/06/2021 128.69 57.95 ~70
24/01/2022 144.87 57.95 ~87
09/05/2022 163.68 52.95 ~110

Or Germany:
Today, over 2 Euros, 24-2-22 1.81, last June 1.55, Jan 2021: 1.40, June 2020 1.21.

Further to my point about greedy corporations, crude oil prices were this high in 2014, but the price of fuel at the pump was 30% lower than today, with higher tax. Funny, that.

30/06/2014 130.69 57.95 ~70

Yes, saving people's lives in a pandemic takes a toll on the economy. Personally, I'm happy that only half as many died per capita in Germany than the US.

assets.publishing.service.gov.uk/.../preview
https://de.fuelo.net/prices/date/2022-02-24
www.macrotrends.net/.../crude-oil-price-history-chart

https://www.worldometers.info/coronavirus/

[Asker]

Because the USA is a major supplier of world oil, Biden’s “war on oil” statements (which started before his inauguration) saying that he was going to get the US off of oil, and anti-oil actions (such as canceling the Keystone XL pipeline on his first day in office) sent signals to the oil industry that future oil exploration/business opportunity developments would be attacked by the Biden administration and would NOT be profitable for oil companies; and this has caused the US daily output of oil to drop and helped “fuel” the rising of gas prices worldwide.

See the following article - “Why Biden energy policies have contributed to surging oil prices”…

nypost.com/.../

[goaded]

Have you heard of "Critical Ignoring"? ↗

How do you explain the higher price at the pump compared to 2014, when the global oil price was the same?

www.politifact.com/.../
" Gas prices soared to an average $4.173 per gallon on March 8, according to AAA, breaking a 2008 record.

Oil production in the U. S. in President Joe Biden’s first year was on par with 2020 and higher than in two of the four years Trump was president.

Increased consumer demand, inflation and the war in Ukraine are among the factors in the rising price at the pump, experts say."

[cloud9vortex1234]

Every so often inflation is a lot worse than it usually is. Nows one of those times. It's worse in Europe if you look at the data. Covid set it off and cutting off Russia from the Global Economy made it worse.

[Asker]

Which A through G answer-option did you select in the poll to this question?

[cloud9vortex1234]

I selected B

[driven159]

covid slowed down the economy so much that it went crazy too fast now the downturn is going to be crazy too I am glad I have everything paid off so it will be now big deal to me and being retired just set back and wait for it to get back to normal

[Asker]

Well, actually it was more that the states shut down thenselves down and kept them shut down.

[Asker]

* shut themselves down

[Snsl153]

It's far worse where I live, so stop ya whingeing! Geez, talk about first-world problems!

[Asker]

Thanks for the open comments, but “don’t be hating” on the USA 😉

[exitseven]

I picked F. I feel like I have just lost 2 years of my life with covid. Now Biden's disastrous policies will destroy my retirement account

[Asker]

Things are bad now.
Not sure how bad things will get.
Hopefully in 2.5 years there still will be a “USA.”

[Dargil]

B, E and F. Also G The mid-terms can’t come fast enough!

[Asker]

Which A through G answer-option did you select in the poll to this question?…(Note: there’s currently no G vote.)

[Dargil]

I'll settle on B :-(

[Asker]

Ok thanks

[FunkyMonkee]

I'd love to have someone explain to me how it's Trump's or Putin's fault.

[Asker]

Which A through G answer-option did you select in the poll to this question?

[FunkyMonkee]

The truth: E!

[EnglishEuropean]

Should have voted A, but inadvertently voted E. In my defence the poll was confusingly worded and I didn't have coffee yet.

[Asker]

That’s ok, thanks for voting (& commenting).
“In my defense” some people are confused more than others are 😉

[joeldalton]

B, E, and F; except nov 22 we might see some relief.

[Asker]

Which A through G answer-option did you select in the poll to this question?

[joeldalton]

Other.

[Asker]

Ok thanks

[Jltakk]

Its all on the US Federal Reserve. This was always going to happen. Its not built for a successful country.

[Asker]

Something else is going on regarding US annual (12-month year-over-year) inflation rates, because they were below 3% from January 2012 through March 2021…

www.usinflationcalculator.com/.../

[noohair]

Two time in my life I have seen inflation like this. Both Presidents were Democrats.

[Asker]

Which A through G answer-option did you select in the poll to this question?

[noohair]

FFFFFFFFFFFFFFFFFFFFFFFFFF

[Asker]

KKKKKKK…

Lol

[noohair]

Lets go Brandon.

[Asker]

Definitely

[Hispanic-Cool-Guy]

It's very bad. You definitely can feel the price hikes.

[Asker]

Which A through G answer-option did you select in the poll to this question?

[Hispanic-Cool-Guy]

G. Printing ridiculous amounts of money which each president beginning with Bush Jr wars has been out of control til now.

[Asker]

Ok thanks

[legalboxers]

Love how most of the people chose (E) You MAGAots think that he won the election (HE didn't) and snap of the fingers and Trumps COVID fuck up will fix everything.

#fuckdonaldtrump #fuckmagasupporters

[Anonymous]

E. Its definitely Briden's fault. Only gullible liberals would think its not.

[Asker]

Like @noohair said in his opinion: “Let’s go Brandon.”

[Opinion Owner]

Indeed. The dudes getting worse by the day.

[Fromdusktilldawn]

Its the elites, speculating on prices and of course greed

[Asker]

So you voted G in the poll to this question?

[jimmy2]

Biden regime in action and that not fast

[Asker]

So did you vote E in the poll to this question?