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"It's Russia's Fault.”… REALLY?

"It's Russia's Fault.”… REALLY? | Since January
2020, the US
has printed nearly
80% of all US
dollars in existence; Causes record
inflation. "It's Russia's Fault.” | image tagged in political meme,russia,usa,inflation,bike,meme | made w/ Imgflip meme maker
1,012 views 12 upvotes Made by AceFalcon55 3 years ago in politics
Bike Fall memeCaption this Meme
3 Comments
1 up, 3y,
1 reply
While I agree that the claim that inflation being Russia's fault, even if you're isolating that inflation only due to the price of gas, to be a ludicrous one by Biden and other Democrats; printing of additional US money is also not the fault either.

Though it may contribute to it some just not as you're generalizing it does.

In fact, we printed less money in 2020 than we did the previous years:

Source: https://www.moneyfactory.gov/resources/productionannual.html

What frequently happens is old money is destroyed once it's returned to the federal bank and new money is printed. Which may account for the percentage you've posted but I've found nothing that backs even that claim. But I'm not willing to challenge it. It's common to circulate old money out with new printed money in order to prevent counterfeits.

It has nothing to do with inflation.
1 up, 3y,
1 reply
Sure. … u right…The deflation of currency is as old as a “gold coin” not containing gold .. “Modern Monetary Theory” is a scam that has been perpetuated by the ruling class since the I invention of a legal currency … the professional politician puts their people into two groups .. useful idiots and the enemy.
1 up, 3y
Leonardo Dicaprio Cheers Meme | PRETTY MUCH | image tagged in memes,leonardo dicaprio cheers | made w/ Imgflip meme maker
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Since January 2020, the US has printed nearly 80% of all US dollars in existence; Causes record inflation. "It's Russia's Fault.”