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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (1471897)	7/23/2024 4:00:03 PM
From: Qone0	Respond to of 1572365

The volatility of oil should not have resulted in inflation. Oil prices go up, oil prices go down. It's been that way for decades, yet inflation always remained at or even under 2% until the pandemic. See oil embargo of 1973. The real reason is because the pandemic itself represented a much bigger shock to the global economic system than anything else in modern history. In short, the system couldn't absorb the shock. Inflation was the result. Exactly, oil price was an example of this shock. We are finally emerging from the inflation caused by the shock, but don't tell Brandon. He still thinks he caused inflation to come back down simply by making his way to a podium all by himself. Yep, and Trump can end wars with a single phone call. LOL They don't have to. Brandon (and Brenda) owns inflation. They are cowards. And dishonest.