Posted on Sep 12, 2021
Apple iPhone 13, inflation data and Blinken Afghanistan hearing top week ahead
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President Biden printing money, causing inflation and having prices double in 8.5 years (economics 101 metrics and common sense that the President doesn't use)
8.3% inflation / 72 Finance 101 Rule of 72 means if inflation continues at this rate, doubling time of inflation about 8.5 years. That means a dollar today is worth $0.50 in value in 8.5 years.
8.3% inflation / 72 Finance 101 Rule of 72 means if inflation continues at this rate, doubling time of inflation about 8.5 years. That means a dollar today is worth $0.50 in value in 8.5 years.
Apple iPhone 13, inflation data and Blinken Afghanistan hearing top week ahead
Posted from foxbusiness.com
Economy
Joe Biden
Afghanistan
Public Policy
Fox News Channel
Posted 4 y ago
Responses: 3
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Inflation is completely, totally 100% Biden's fault, it's got nothing at all to do with whoever spent the last 4 years in charge of monetary policy
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Of course the Trump tax cut did nothing like this :-)))))))) Oh, and about that Biden causing inflation thing. Your food prices at risk as world runs short of workers
https://tampabaytimes-fl.newsmemory.com/?publink=04ae2599b_1345f04
https://tampabaytimes-fl.newsmemory.com/?publink=04ae2599b_1345f04
Your food prices at risk as world runs short of workers - Tampa Bay Times
In Vietnam, the army is assisting with the rice harvest. In the U.K., farmers are dumping milk because there are no truckers to collect it. Brazil’s robusta coffee beans took 120 days to reap this year, rather than the usual 90. And American meatpackers are trying to lure new employees with Apple Watches while fast-food chains raise the prices of burgers and burritos.
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LTC Stephen Conway
There are many components to inflation. Energy prices are a big thing. The drop does not help and having worker shortages it's partly self-inflicted because we have 10 million jobs available but the nanny state situation with many governments paying more than 15 bucks an hour to stay home is not helping things.
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