Trump Caused Inflation, Gas Prices, And Food Prices/Shortages

[jc456]

It accelerated at that time as more companies invested in china

But the groundwork was laid years before, notabally under clinton

I was thinking Nixon and Henry Kissinger.

 

[KissMy]

where's the link

rigcount.bakerhughes.com

Rig Count Chart

 

[gipper]

You Lie!

Trump printed 5 times more than all presidents in history COMBINED!

Biden has the LARGEST SURPLUS in history, doing (QT) quantitative tightening, cut spending & raising interest rates to soak up all that free money Trump printed. The only lever Biden has left to remove money is to raise taxes.

WTF?

 

[jc456]

rigcount.bakerhughes.com

Rig Count Chart

 

[jc456]

WTF?

revisionists.

 

[jc456]

rigcount.bakerhughes.com

Rig Count Chart

from your link, here is the rig count off their raw data. 12,000 fewer rigs.

Row Labels	Sum of RigCount
2011	110359​
2012	118680​
2013	109946​
2014	116537​
2015	61216​
2016	33984​
2017	56298​
2018	63611​
2019	56001​
2020	27257​
2021	32126​
2022	20720​
Grand Total	806735​

 

[Meathead]

I thought it was Putin. WTF!

It was Putin and Trump of course, despite Brandon and AOC's superhuman efforts to save the day.

 

[jc456]

It was Putin and Trump of course, despite Brandon and AOC's superhuman efforts to save the day.

here see there are 12,000 fewer rigs to pull oil from.

from your link, here is the rig count off their raw data. 12,000 fewer rigs.

Row Labels	Sum of RigCount
2011	110359​
2012	118680​
2013	109946​
2014	116537​
2015	61216​
2016	33984​
2017	56298​
2018	63611​
2019	56001​
2020	27257​
2021	32126​
2022	20720​
Grand Total	806735​

 

[Dont Taz Me Bro]

No. The roots of this inflation go back to the beginning of QE. While Trump’s economy benefitted greatly from QE, inflationary pressures had been building long before then. The global supply chain collapse was the straw that broke the camel’s back.

And the Fed Chair remarkably still has his job.

 

[struth]

it’s amazing how weak dembots think xiden is…so weak they say trump is actually still running the govt

 

[Mac1958]

And the Fed Chair remarkably still has his job.

Yeah. I used to like his calm demeanor, but holy shit, they straight up botched this.

 

[sartre play]

Its an Always, no matter who holds the presidency the past president gets the blame or the accolades depending ONLY on what political party you support. Few think for them self's & just follow the party line. Fact is Government leaders work mainly in their party & own personal interests. The people or the Constitution are not there priority.

 

[Bootney Lee Farnsworth]

No. The roots of this inflation go back to the beginning of QE. While Trump’s economy benefitted greatly from QE, inflationary pressures had been building long before then. The global supply chain collapse was the straw that broke the camel’s back.

And who started the QE shit?

That's right.

Obama.

Prior administrations are also responsible, including Reagan, but huge quantitative easing was policy under O.

You can't deny that.

 

[Mac-7]

I was thinking Nixon and Henry Kissinger.

At the time we were locked on the Cold War with russia and it was not entirely obvious to many people that the US would win

Exploiting the rift between the two communist giants was not a bad idea

Only later did globalists (though they werent called that then) hatch the bright idea of trade with china

The hope was that exposure to the west would weaken the communist dictatorship

We now know that didnt happen

 

[Mac-7]

And who started the QE shit?

That's right.

Obama.

Prior administrations are also responsible, including Reagan, but huge quantitative easing was policy under O.

You can't deny that.

Being the braindead swamp rat that the whole bush family is, I think Bush43 supported the idea also

 

[Rogue AI]

That's not how it works.

We know, responsibility it's really a liberal thing. Thanks for the confirmation.

 

[Osiris-ODS]

Hahahahahahaha! It was just a matter of time.

Inflation was caused by TRUUUUUMMMMPPPPPPPPP!!!!!!1!!!!!!

 

[Harpy Eagle]

View attachment 664731

 

[WTH_Progs?]

He put billions into the system with his socialism welfare bill for farmers. He put tariffs on China, which just means tariffs on American businesses and consumers. Many businesses and farmers thus went out of business, thus markedly affecting broken supply chains, too many dollars chasing too few goods, thus price increases, thus inflation and shortages.

Thus you're a leftist, thus you reject your own bed, thus you blame everyone else for your problems, thus you're a surface dweller, thus Democracks and their media have their way with your puny head.

 

[Burgermeister]

Libs never identify true causes so never deliver helpful policies. In fact, they always make things worse.

The smart ones know what they are doing. The rest are just morons who repeat whatever they're told.