The inflation the U S experienced during Biden ‘s presidency was due to the sanitary lockdown measures implemented six months earlier. The entire world, including the United States and Europe, experienced the same inflation.
Today, inflation in Europe is extremely low. Their money is strongest than the dollar and investors buy euro instead of dollar. In the United States, inflation has rebounded since Donald Trump took office. Therefore, inflation is being created by Donald Trump and his stupid tariff policies. The proof is simple, huh !
Inflation reduces my purchasing power. The White House tenant can call it affordability, accessibility, whatever he wants : I’m simply stating this fact. With $100, I can no longer buy groceries for a family of three for the week. He’s LYING to the American people. Shit, what kind of President is that ?
But big companies have still enough money to buy their competitors (as Paramount on Warner Bros with $74.4billions). The money the banks are lending to these companies, that’s how much less money the same banks will lend to you. Worse, the small customers pay for the big ones. No new car, no renovation of your house, no nothing. What kind of economy is this?
Do I have to b happy because I still have a job ? For how long ? Maybe one day, after a long period of unemployment, I’ll be happy to replace and take the job of a Chicano who just has been deported by ICE and pick tomatoes. What kind of future is this ?