US turning into Venezuela

the right turned us into the divided States of America with Trump

 

and neither did Biden

but Covid did change our global spending patterns and that is causing a supply and demand issue

 

you need to learn how it works, cause Covid did change our global spending patterns and that is causing a supply and demand issue

 

I will remember you said this, So you really want me to believe the Joe's printing of the money was not a cause of inflation, You lost creditability

 

NO ONE WORKS FOR 11.00 around here

 

We've already seen. It was not transitory.

I said no such thing.

"fight COVID", but yes. Injecting new money without a corresponding increase in wealth IS the problem.

 

hahahahahahahahahahahaha, ummmmm NO.

 

The left dismantled the USA with Biden, turning it into separate States and a DC oligarchy trying to "rule them all".

 

You have yet to define "global spending patterns".

 

Repetition of the same buzzword.

 

We'll see if the rate is permanent.

Its one of the problems. The fact that manufacturing stopped for a long time is another big problem, because now supply can't meet demand.

 

if people do not have money to buy goods, it could happen

 

that was Trump

 

wow, where were you during covid, people not going out, staying home... that is a huge change

 

I actually think Brazil is more the model than Venezuela. We've been sliding towards Brazil for a while, as our middle class has been shrinking and income inequality increasing.

 

I think you're right.

I know a white family (German and Italian ancestry) who moved from Brazil to the US because it was not a good situation for them in Brazil. They didn't really want to talk about it, it seemed to make them a little uncomfortable, but from what they did say, it had something to do with the social and political climate, and there was more opportunity for them in the US, they felt. They are a whole large extended family, and one of them is pretty wealthy.

Now imagine someday that the US becomes a country many people want to leave.
Where there are fewer and fewer countries in the world people actually want to go to.
I know in many of these other countries, people have to start a little business themself because it's hard to find a job.

 

If people's money is worthless due to inflation, it could also happen.

 

Meaning prices should start going back down soon?
I don't think anyone believes this.

Claiming this inflation is "global" is a lie.
No inflation in Japan or Thailand.

 

yep, so if prices don't go down, wages need to go up, be a good time to raise the min wage

 

No, its a fact. Not every single country has to have it in order for it to be global.

 

huh? That's not temporary price increases. That is permanent inflation.

 

yet to be seen what the greedy Corporations do

prob time to raise the min wage

 

In general, the lot of the rich in Brazil is pretty good. It's the poor who have it rough. That's why I think there is a lack of interest by our elites about our sliding into third world status. They will be fine no matter what happens.

 

It is a contributing factor, but a heck of a lot more money was printed in 2020, which is before he took office, and the upcoming inflation was predicted already then. Also, manufacturing was halted globally, which created biggest supply problems we have seen....maybe ever.

Inflation is an increase. When the increase stops, inflation stops. It does not mean the prices fall back to where they were before, Price of some items might fall back, but most will not. Instead, incomes increase to make up for it.

You sure are a beacon of optimism [/Sarcasm]. LOL

US is faring better than most of the world, so yea.....people still want to come here. Look at the job market. Heck, we can't find enough people to fill the openings.

 

"Most of the world" is actually much worse than most people in the US can imagine.

Progressives typically like to compare the US to other White English-speaking countries, Western Europe, or a few other countries like Japan, but the truth is that's not "most of the world".