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Get out a calendar. Look at when the inflation started (last fall!). Then look at when the Ukraine war started. Has the Ukraine war made the inflation problem

Get out a calendar. Look at when the inflation started (last fall!). Then look at when the Ukraine war started. Has the Ukraine war made the inflation problem worse? Yes. Did it cause the problem? Absolutely not!

iso1631 4y ago
Supply chain prices have been increasing since covid as supply shut down and takes far longer to restore than demand. Just like certain parts of inflation (lumber) shot up in 2020 when demand went through the roof as everyone started working on projects (including things like outside offices for working from home)
- corrral 4y ago
  Housing prices in my boring-ass nothing of a city were up like 30% over a two year span, before the war started. Asset inflation had been going nuts for years before it happened. Before Covid, even. Practically since the we started to dig out of the '08 crash.
mark_l_watson 4y ago
Thanks you, +1. If we don't take responsibility for our own problems, to me that spells trouble. I don't intend to pile on against President Biden, but his recent speech before the labor union sounded like a kid blaiming the dog for eating his homework, when he never did his homework. I will probably make a bunch of people here mad at me, but there is so much to blame on both political parties. Putting Wall Street's and the War Industry's interests unapologetically before the American public's interests can only go on for so long before everything crashes.
- johnbellone 4y ago
  > I will probably make a bunch of people here mad at me, but there is so much to blame on both political parties. Anyone who can't agree with that statement isn't living in reality.
  - mark_l_watson 4y ago
    While I agree with you, my family and friends seem to be divided up between the democrats and republican camps, and mostly think that their bubble/tribe can do no wrong. I find this frustrating.
overtonwhy 4y ago
The war in Ukraine started with the 2014 invasion of Crimea.

iso1631 4y ago

Supply chain prices have been increasing since covid as supply shut down and takes far longer to restore than demand. Just like certain parts of inflation (lumber) shot up in 2020 when demand went through the roof as everyone started working on projects (including things like outside offices for working from home)

corrral 4y ago
Housing prices in my boring-ass nothing of a city were up like 30% over a two year span, before the war started. Asset inflation had been going nuts for years before it happened. Before Covid, even. Practically since the we started to dig out of the '08 crash.

mark_l_watson 4y ago

Thanks you, +1. If we don't take responsibility for our own problems, to me that spells trouble. I don't intend to pile on against President Biden, but his recent speech before the labor union sounded like a kid blaiming the dog for eating his homework, when he never did his homework. I will probably make a bunch of people here mad at me, but there is so much to blame on both political parties. Putting Wall Street's and the War Industry's interests unapologetically before the American public's interests can only go on for so long before everything crashes.

johnbellone 4y ago
> I will probably make a bunch of people here mad at me, but there is so much to blame on both political parties. Anyone who can't agree with that statement isn't living in reality.
- mark_l_watson 4y ago
  While I agree with you, my family and friends seem to be divided up between the democrats and republican camps, and mostly think that their bubble/tribe can do no wrong. I find this frustrating.

overtonwhy 4y ago

The war in Ukraine started with the 2014 invasion of Crimea.