Comments by "Deborah Freedman" (@deborahfreedman333) on "Bernie Sanders: 'Republicans blame Biden for inflation ... really?'" video.
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It's nice to know both sides lie, to increase their power. So, Republicans lie about the results of extremely secure elections, and blame Biden for global inflation, because their orange god lost. And Sanders (who has always lied about economic matters), and his cult, lie about the causes of inflation. Inflation was caused by an overcorrection during the pandemic. Too much money was just created, and given out, and people started spending. There was good reason for governments to make all these payments, to allow people and companies to survive what would have been a serious economic downturn, that could have been like the Great Depression. But, now all that money has overheated the economic system, and we have bad inflation. Those who don't want to admit the real cause of inflation create a convenient villain, corporations. They forget that the reason companies raise prices is, their own costs have skyrocketed. Fools and liars, on the left blame price gouging, and on the left blame the president. Now that the Fed has acted to the result of this overcorrection, and raised the prime rate, spending is down, as intended. Most corporations are posting record quarterly losses, and the stock market has crashed, due to that. To act as the Marxist fraud wants, would only make the situation worse. He wants to damage corporations, because he wants them to fail. He has always advocated a Soviet system, where the state controls all production and banks, and by causing another Great Depression, he hopes to achieve his lifelong goal.
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@leeannarose6384 You're living in the past. During the pandemic, when everybody had a lot of extra money to spend, profits were up, for companies selling goods. Profits were zero in most of the service and entertainment industries. But now all that excess spending, with money just created out of thin air, is driving high inflation, and lending rates are being raised, spending is at a serious low, and the same companies that did well, are now suffering extreme losses. There were super rich people before the pandemic, that hasn't changed. If you want to address that anomaly, look at how IRS tax brackets were changed under Reagan.
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