Trump was literally on Twitter bullying the fed chair to not raise rates, threatening to fire him. The inflation situation is very uniquely his fault.
The inflation is caused by a conglomeration of things, and mostly not from us giving out stimulus. Trump is a clown but he didn’t cause the inflation.
The inflation is supply side. That means it’s caused by reduced stuff, not increased money. The Russian war caused oil to skyrocket and that caused a significant amount of the inflation.
It’s not something that magically flips on or off… It’s a result of market pressures. Pressure takes time to move things like markets. Trump very early on elevated the pressure, and COVID made sure the average working person was never going to match it. That’s the inflation we’ve seen.
Inflation happens constantly because rich fucking morons designed the economy to require it in order to open their own avenues and justify their own jobs.
We’re saying the same thing. The system is designed this way. Also most “inflation” is just corporate greed and seeing how much they can take from the poor
