Comments by "Greg Greg" (@SlowhandGreg) on "Inflation falls below three percent for first time since 2021" video.

 @flexthemex5016 the spending is driving GDP at 3.6% which in effect helps lower inflation and is permenat as its on infrastructure unlike unfunded tax cuts
6
@KetanjiBrownsFavemolester the record inflation had 2 drivers the Trump tax cuts and Cov combine both your pumping 8 trillion into the economy and at the time it had shrunk by -3.6% over when Trump took over. Infrastructure investment plus other stuff has been driving the GDP up its averaged 3.6% which in turn lowers inflation by expanding the economy to the larger money supply.
5
@Mr.White10-65 quote Trump’s corporate tax cuts paved the way for inflation Wall Street tycoons and CEOs didn’t take the heat of inflation — they fanned its flames
3
Switching to renewable energy and I started growing my own veg during Cov
2
@kenc7120 the chief driver of the recent US inflation and the struggle to get it down was the unfunded Trump corporate tax cut that went straight to debt. Coupled with Cov relief of 4 trillion he pumped 8 trillion into the economy with a drop of -3.6% gdp fueling post Cov inflation. It's taken 4 years and an average of 3.6% growth to lower the worst effects of what was a double whammy. If the corporate tax cuts are reauthorised economists have warned it will kick off another round of inflation and also destabilise the bond market
2
@Mr.White10-65 the gauging is done at a corporate level with the Trump tax cuts corporations increased prices post Cov, there currently making record profits. That's what happens with corporate consolidation into oligopolies combined with ultra low corporate tax.
2
@Mr.White10-65 so all western governments pumped money into their economies over Cov, this was necessary though how much each government wasted is moot the US with the Trump corporate tax cut added to the rapid expansion of the money supply in a very short period of time. You can see this expansion reflected in increased asset values given nearly all of it trickled up in things such as property and stocks. You also have energy inflation from the Ukrainian war which the multinationals have taken advantage of. Over in Europe there busily getting away from fossil over to renewables and anyone can see there could be severe problems with the gulf region on a knifes edge. Food inflation is a whole raft of issues from supply chain to corporate consolidation to energy prices and more.
2
@KetanjiBrownsFavemolester investment in renewable energy is a smart move unlike oil last time I looked air and sun was still free while gas will never come down And how do we know this Because it never has done before
1
@NickyM1964 gas is controlled by multinational cartels it never goes down, Dems are pushing renewable energy last time I looked air and sun were still inflation free
1
@KetanjiBrownsFavemolester Oil is heavily subsidised as is coal the total last year was near 1 trillion for the US. So not only are the gas companies screwing you over price your paying for the privelidge with tax dollars.
1
@travismarshall3089 if you pump 8 trillion into the economy which then trickles up as the Don did it has to go somewhere hence rise in asset values. It's a double whammy of Trump tax cuts and Cov spending
1