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<blockquote data-quote="Box Ox" data-source="post: 5236089" data-attributes="member: 48469">Indeed. 12 month change in CPI was already up at 7.5% in January and 7.9% in February of this year.[URL unfurl=&quot;true&quot;]https://www.wsj.com/articles/it-isnt-vladimir-putins-inflation-white-house-joe-biden-consumer-price-index-energy-wages-11649792567[/URL][ATTACH=full]380340[/ATTACH]&quot;The nearby chart shows that the inflation trend began in earnest a year ago at the onset of the Biden Presidency. It has accelerated for most of the last 12 months. That’s long before Mr. Putin decided to invade. The timing reflects too much money chasing too few goods, owing mainly to the combination of vast federal spending and easy monetary policy.President Trump signed onto an unnecessary $900 billion Covid relief bill in December 2020, and Democrats threw kerosene on the kindling with another $1.9 trillion in March 2021. The Federal Reserve continues to support negative real interest rates nearly two years after the pandemic recession ended. This inflation was made in Washington, D.C.&quot;------------------------------------------------------------------&quot;The average worker Democrats invoke when they demand more federal spending is getting crushed by the inflationary consequences of too much federal spending.&quot;[ATTACH=full]380341[/ATTACH]</blockquote>

[QUOTE="Box Ox, post: 5236089, member: 48469"] Indeed. 12 month change in CPI was already up at 7.5% in January and 7.9% in February of this year. [URL unfurl="true"]https://www.wsj.com/articles/it-isnt-vladimir-putins-inflation-white-house-joe-biden-consumer-price-index-energy-wages-11649792567[/URL] [ATTACH type="full" alt="IF.png"]380340[/ATTACH] "The nearby chart shows that the inflation trend began in earnest a year ago at the onset of the Biden Presidency. It has accelerated for most of the last 12 months. That’s long before Mr. Putin decided to invade. The timing reflects too much money chasing too few goods, owing mainly to the combination of vast federal spending and easy monetary policy. President Trump signed onto an unnecessary $900 billion Covid relief bill in December 2020, and Democrats threw kerosene on the kindling with another $1.9 trillion in March 2021. The Federal Reserve continues to support negative real interest rates nearly two years after the pandemic recession ended. This inflation was made in Washington, D.C." ------------------------------------------------------------------ "The average worker Democrats invoke when they demand more federal spending is getting crushed by the inflationary consequences of too much federal spending." [ATTACH type="full" alt="RAHE.png"]380341[/ATTACH] [/QUOTE]

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