Post-COVID Inflation was Global, and Russia's attack on Ukraine kept it high...but the U.S. under

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Post-COVID Inflation was Global, and Russia's attack on Ukraine kept it high...but the U.S. under

Author: TyroneIrish (22760 Posts - Joined: Oct 8, 2020)

Posted at 8:20 pm on Dec 3, 2025

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Biden beat most other developed nations in reducing inflation. Much of the improvement was due the Fed, but JB was able to bring down gasoline prices by selling a good chunk of our Strategic Petroleum Reserve and then replenishing those reserves at a lower price...i.e. a Savvy move on Biden's part.

Check out the chart of nations' Inflation levels in the attached PoliticFact article. As Chris noted...we've. been over this many times...you either paid no attention, or have memory issues.

Link: https://www.politifact.com/factchecks/2023/sep/01/joe-biden/does-the-us-have-less-inflation-than-other-leading/

Replies to: "Post-COVID Inflation was Global, and Russia's attack on Ukraine kept it high...but the U.S. under"

Social Democrats are the canary in the AI coal mine? - Curly1918 - 8:54am 12/3/25 (22) [View All]
- Sigh - Nigel Tufnel - 4:51pm 12/3/25
- "Groceries are Americans' Top Affordability Concern"...thanks to DJT's Tariffs. Even Farmers and [LINK] - TyroneIrish - 10:17am 12/3/25
  - Groceries are a problem because of Biden's Wartime Deficits (120% of G.D.P.). - jakers - 10:50am 12/3/25
    - Grocery inflation last year was 1.2%; this past year it has been 2.7%. That's the tariffs. [NT] - Chris94 - 11:05am 12/3/25
      - Good thing the US is a net food exporter. But what will the poor do w/o Toblerone & Bordeaux's? [NT] - NedoftheHill - 8:55pm 12/3/25
      - 2021 to 2024 averaged 5.5% annually. - jakers - 12:13pm 12/3/25
        We've been through this a dozen times - Chris94 - 12:27pm 12/3/25
        Largest economy in the world, whose currency is used in half of global transactions drives the boat. - Iggle - 1:05pm 12/3/25
        Post-COVID Inflation was Global, and Russia's attack on Ukraine kept it high...but the U.S. under [LINK] - TyroneIrish - 8:20pm 12/3/25
        You people created a financial disaster. [NT] - jakers - 8:52pm 12/3/25
        By any chance did you read the Politifact summary? [NT] - TyroneIrish - 12:32am 12/4/25
        
        120% deficits. - jakers - 12:46pm 12/3/25
    - It must really suck for every thought to be motivated by politics. (See jakers & Baron) [NT] - Quest4twelve - 10:56am 12/3/25
  - If you don't have a job nothing is affordable... unless the government provides for your needs. - Curly1918 - 10:36am 12/3/25
- The affordability issue is mostly controlled by where you live. - PaND - 9:57am 12/3/25
  - AI does not give a rat's ass where you live. It will replace everyone everywhere. [NT] - Curly1918 - 10:38am 12/3/25
    - Won’t happen until 2112. - PaND - 10:53am 12/3/25
      - More correct translation: those with swords that keep them sheathed shall inherit the earth. - iairishcheeks - 1:47pm 12/3/25
        Not according to the prophet Geddy Lee. - PaND - 2:47pm 12/3/25
        One man has spent a lot of time thinking about this... [NT] [LINK] - iairishcheeks - 4:28pm 12/3/25
- This is not analogous to the "buggy whip" situation... [NT] - TakethetrainKnute - 9:00am 12/3/25
  - Not a lot of jobs making buggy whips. - Curly1918 - 9:18am 12/3/25