SmaptyWolf said:Bas2020 said:
Biden : Inflation is "transitory". We are all just imagining all of this ! Lol , how dumb can one administration possibly be ?
https://www.banking.senate.gov/newsroom/minority/scott-the-biden-administrations-spending-policies-caused-this-economic-pain
Lol, you're quoting a Republican senator during an election year? I'm very surprised he would say that stuff.
Since you took an economics class maybe you could look at our inflation chart and see if you can spot when Biden passed his spending bills.
And yes, despite the conservative fan fiction most of our inflation was transitory, had nothing to do with anything the US did at all. It was a global supply chain shock from the pandemic that affected everyone. And it slowly
ironed itself out.
Transitory means temporary right?? Sooooo when are prices supposed to go back down to the pre transitory inflation prices?