martinjlm
Retired from GM
Economic experts the world over attributed the root cause of the global inflation increase to the Russian invasion of Ukraine. As the chart below shows, there was already some inflation beginning to take hold. Then when the invasion happened inflation increased dramatically. And now inflation is starting to decline, largely due to the Inflation Reduction Act.sk47 said:The inflation reduction act is a side track and an expensive one. The inflation all around is a direct consequence of that and the wasteful covid spending. Lost more than pennies out of our pockets.
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