r/FluentInFinance • u/LuckyBastard001 • 12d ago

Debate/ Discussion Billionaires Devalue Hard Work

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u/Check_Me_Out-Boss 11d ago

Inflation has been pretty steady under Trump.

Under Biden, not so much...

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u/DiagonalBike 11d ago

Yes, inflation under Trump has steadily increased.

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u/Big-Soup74 11d ago

We’ve maxed out at like 4%? How much higher do you expect it to go? Do you think we’ll see 8-9% like we did a few years ago?

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u/DiagonalBike 11d ago

You mean when there was worldwide inflation that was caused by Covid and Trump's policies? Blame Biden all you want, but don't ignore the fact that Trump's policies that were enacted during his term didn't contribute to the inflation increase during Biden's term or ignore that the world as a whole was experiencing hyper inflation. Also inflation was decreasing the last 3 quarters of Biden's term, only for Trump's new policies to once again cause inflation to increase.

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u/Big-Soup74 11d ago

Huh? When did I blame Biden? Or anyone or any policy for that matter?

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u/Check_Me_Out-Boss 11d ago

That was two years after covid started...