Atta boy way to deflect yet again when you can’t answer the first question I gave you. Focus!! (Slaps race upside the head!)
Bro, did you find your SEC contact to investigate me yet for NVDA insider trading…..lol seriously I nearly spit out my drink that that was your first reaction to my brilliant financial advice.
275,000 created despite those 7500 jobs gone lol. Jesus, some of y'all in here.
Obama did a great job rescuing the economy from total collapse. The economic crisis was real. This idea that 2008 was the golden age of American society and Obama ruined it when he came in is laughable to say the least.
The 0 interest rates were justified from 2008-2012. After that period, they should have began ramping those up, which eventually they started to try. Of course, when they continued to ramp up during President Trump's time, he decided to pressure Powell to lower them back down….to the long term detriment of the country.
Wanna blame someone for inflation? Some of it is Janet Yellen but Jerome Powell, the Trump appointee, should bear the brunt of the blame.
Answer:
Yes, because here's their fucking record profits
But this coming from the guy who said Trump wanted things open by Easter in 2020 and disputed quotes from 4/2020 Trump so I'm not surprised you're trying to push right wing rhetoric.
Im just curious, why wouldn't record profits be a cause of inflation? The key word here is "Profit" That means, they aren't just covering their inflated costs, they're upping their prices for the heck of it.