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REPUBLICANS WANT TO BLAME ME FOR INFLATION AT A 30 YEAR HIGH. JAPAN'S IS AT A 40 YEAR HIGH SO I GUESS I'M TO BLAME FOR THAT TOO? | image tagged in smilin biden | made w/ Imgflip meme maker
445 views 3 upvotes Made by anonymous 4 years ago in politics
18 Comments
1 up, 4y,
1 reply
Japan debt to GDP level is even worse than that of The US. One of the reasons the inflation rate here isn't already at 20% or hire is because other major economies like Japan are also printing money like mad keeping the relative decline in dollar value in check.
[deleted]
1 up, 4y,
2 replies
The debt to GDP ratio is at its all time worst right now. Worse than the Great Depression which is bad but that is not the cause of inflation. Inflation happens with the money supply is greater than the value it backs, basically there are too many dollars in circulation.

Other things that add to inflation are tax increases, increased government regulations on business and tariffs. When the government does things to hurt business that increases the cost of running the business which is passed on to the consumer in higher prices.

We've been in a very precarious situation ever since Obama took us here. Trump didn't get us out of this situation because the debt to GDP ratio was over 100% for his 4 years also. Obama took it over 100% and the last I looked it was 140%, which, if I remember correctly, is higher than the highest during the Great Depression.

This situation is where the Feds have been keeping the interest rates too low and printing dollars. To get those dollars out of the economy the Feds need to raise interest rates but to pull back on inflation they will need to raise rates up around 40%. If they do that it will collapse the economy. If they don't it will collapse the economy. We have been barely hanging on ever since Obama put us in this situation. The absolute worst thing to do is to turn up the printing presses at the Fed.
2 ups, 4y,
1 reply
The GDP to debt ratio is one big factor it certainly isn't the only factor. Taxes is also part of it, Production/regulations (especially in energy production), Birth rate and population growth, and demographics also can effect the inflation rate as in Japan. As I stated earlier the value of competing Currencies also can make a difference. All of that aside the surest way to create inflation is to helicopter drop trillions of dollars into the economy while restricting business' with burdensome regulations and covid mandates.
1 up, 4y,
1 reply
I should have also added that having A leader who is perceived to be weak and sickly with dementia creates an environment where people are afraid of instability which will also lead to economic chaos
[deleted]
0 ups, 4y,
1 reply
Better than a leader that tried to ovethrow the US gov't because of his false claims of a rigged election. (He also claimed the 2016 was rigged: it was via help from our enemy, Russia) Facts, not FOX.
[deleted]
0 ups, 4y
sae156, if you are trying to defend Biden then you've got serious problems. Biden is the most unqualified person to be president ever put in that office. You can take the dumbest person to have ever served as president regardless of party and he is still 100 million times more qualified than that senile old fart who is wrecking our economy.

BTW there are STILL thousands of Americans trapped in Afghanistan because of your idiot president.

Biden is by far the worst president we've ever had. So thank you for that. You and the other 38% of Americans who still like that idiot.

However bad you thought Trump was, he was George Washington (the greatest president of all time) compared to Biden. My shoe would make a better president than Biden and that's after I accidentally stepped in dog crap.
[deleted]
0 ups, 4y,
1 reply
Trump said he could reduce our debt to 0 in 8 years. Instead, he added almost as much as Obama did in 8 years. He also thought he could reduce the debt by printing more money. Look it up. He's an economic moron.
[deleted]
0 ups, 4y
I know. That is one of the things I didn't like about Trump.
0 ups, 4y,
1 reply
[deleted]
0 ups, 4y
How'd that tariff war with China work out? Is your MAGA hat made in China? LOL
[deleted]
0 ups, 4y,
2 replies
You do now what causes inflation don't you? It is government policy. If Japan's inflation is high it is only because Japan is probably doing the same thing that Biden is doing.

You see, Biden is actually causing our inflation. He is doing it by making us dependent on foreign oil again. He has the Federal Reserve printing money again like they did under Obama. He is messing with the supply chain. All in all he is doing to America what he did to the thousands of Americans STILL in Afghanistan.

This is all has to do with Biden's commitment to the Great Reset. He has to collapse our economy. That is what Build Back Better is all about. His campaign didn't come up with that phrase, they borrowed it from the World Economic Forum. It is the WEF's slogan for the Great Reset.

Apparently Japan has bought into the Great Reset also if their inflation is skyrocketing.
0 ups, 4y,
2 replies
I don't think Abe, the Japanese diet, have bought into the "great reset" as Biden and the democrats have. While I am not as sure about the New PM Kishida Inflation in Japan is a result of money printing and a LOT of systemic issue. The Japanese Birth rate has been among the lowest in the world for more than 2 decades, resulting in fewer workers supporting more and more retirees: one of the reasons for their massive debt. the 2011 Earthquake, tsunami and nuclear melt down only added to their problems and debt level.
[deleted]
0 ups, 4y,
1 reply
Birth rates around the world are at historic lows. In order for a society to maintain itself they need to have a birth rate of at least 2.1 children. If Japan's birth rate is lower than that then Japan is heading for complete collapse, societal, economic and cultural.

If it wasn't for illegal aliens the US would be below 2.1 but with the illegals we are barely hanging on at 2.1 children. This happened because of the left in the 60's and 70's. The left was trying to scare the world (again) by saying we are running out of room and overpopulating the planet. So the world cut way back on the number of children they were going to have. The world was never in threat of overpopulation. It was an idiotic notion on the part of the left and now most countries are breeding themselves out of existence.

It all stems from Marxism. Marx thought, back when he was alive, that the global population needed to be reduced by 80%. Ever since then his devotees have come up with population limiting strategies, including eugenics. The reason is because it is much easier to control a smaller population than a large one.
0 ups, 4y,
1 reply
Japan's birth rate has been below replacement level for almost 50 years they now sell more adult diapers then baby diapers in Japan

2021 1.368 -0.070%
2020 1.369 0.000%
2019 1.369 -0.070%
2018 1.370 -0.580%
2017 1.378 -0.580%
2016 1.386 -0.500%
2015 1.393 -0.570%
2014 1.401 -0.570%
2013 1.409 1.000%
2012 1.395 1.010%
2011 1.381 1.020%
2010 1.367 1.030%
2009 1.353 1.050%
2008 1.339 0.600%
2007 1.331 0.600%
2006 1.323 0.680%
2005 1.314 0.610%
2004 1.306 0.620%
2003 1.298 -1.070%
2002 1.312 -1.060%
2001 1.326 -1.120%
2000 1.341 -1.030%
1999 1.355 -1.020%
1998 1.369 -1.510%
1997 1.390 -1.560%
1996 1.412 -1.470%
1995 1.433 -1.510%
1994 1.455 -1.420%
1993 1.476 -2.320%
1992 1.511 -2.260%
1991 1.546 -2.150%
1990 1.580 -2.170%
1989 1.615 -2.120%
1988 1.650 -1.320%
1987 1.672 -1.360%
1986 1.695 -1.280%
1985 1.717 -1.320%
1984 1.740 -1.250%
1983 1.762 -0.790%
1982 1.776 -0.780%
1981 1.790 -0.720%
1980 1.803 -0.770%
1979 1.817 -0.760%
1978 1.831 -3.220%
1977 1.892 -3.070%
1976 1.952 -3.030%
1975 2.013 -2.890%
1974 2.073 -2.860%
1973 2.134 0.900%
1972 2.115 0.910%
1971 2.096 0.870%
1970 2.078 0.920%
1969 2.059 0.930%
1968 2.040 0.100%
1967 2.038 0.100%
1966 2.036 0.100%
1965 2.034 0.100%
1964 2.032 0.100%
1963 2.030 -1.360%
1962 2.058 -1.340%
1961 2.086 -1.320%
1960 2.114 -1.310%
1959 2.142 -1.290%
1958 2.170 -6.790%
1957 2.328 -6.360%
1956 2.486 -5.980%
1955 2.644 -5.640%
1954 2.802 -5.340%
1953 2.960 -5.070%
1952 3.118 -4.820%
1951 3.276 -4.600%
1950 3.434 0.000%

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[deleted]
1 up, 4y
That sucks for Japan. I have a nephew who moved there to teach and ended up marrying girl over there. They have one daughter together. I need to tell him to get to work and have more kids. I have another nephew, on my wife's side, who is moving there next year, also to teach. I need to tell him he needs to get married over there and have a bunch of kids. Japan needs babies. They may only be half Japanese but that is better than no Japanese in a few years.
0 ups, 4y
Akumetsu - The manga version of V for Vendetta.
[deleted]
0 ups, 4y,
1 reply
Dependent on foreign oil? Are you kidding me? Next you're gonna tell me that canadian sludge oil being pumped in the keystone pipeline to refineries in TX and LA and then sold to China at a discount was gonna make the US not dependent on foreign oil. laughable.

We are in high inflation now b/c the economy is growing faster than the supply chain can handle. Which is the fault of Trump downplaying the severity of the virus, adding 8 trillion to our national debt with nothing to show for it , getting in a failed tariff war with China, subsidizing oil and gas companies, brokering a peace plan with terrorists and leaving the economy worse than Hoover.
[deleted]
0 ups, 4y
You're clearly being educated by idiots on the TV.
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REPUBLICANS WANT TO BLAME ME FOR INFLATION AT A 30 YEAR HIGH. JAPAN'S IS AT A 40 YEAR HIGH SO I GUESS I'M TO BLAME FOR THAT TOO?