Tweet of the Day:

[applegrove]

Link to tweet

Global Inflation Rates

Turkey 83.45%

Argentina 83%

Netherlands 14.5%

United Kingdom 10.1%

Germany 10%

Euro Area 9.9%

Spain 8.9%

Italy 8.9%

Mexico 8.7%

United States 8.2%

[Turbineguy]

1. Yes, but the U.S. is falling behind

That's Biden's fault.

Why should we be last? We could be like Argentina, or Turkey

Murca One!

[applegrove]

2. +1

[peppertree]

14. They forgot a few:

like Venezuela (114%);

Sudan (117%);

Syria (139%);

Lebanon (162%);

and of course Zimbabwe (269%).

https://tradingeconomics.com/country-list/inflation-rate?continent=world

This is what things would look like if Repugs ever succeed in destroying global faith in the dollar - their unstated goal for the last 15 years at least.

[Turbineguy]

17. There you go.

Some real competition for trump and his cronies.

[peppertree]

19. You're not kidding.

Trump's a well-known gold bug - and filled his cabinet his other gold bugs.

They've been - as the song goes - hoping-and-wishing-and-praying the dollar collapses, since it would leave gold hoarders sitting very pretty.

The nation be damned (us losers' problem, after all).

[Bayard]

3. Biden is responsible for inflation around the world though

A whole lot of people only care about their personal dogma.

[TheBlackAdder]

25. GOP: USA should be #1. Why are we trailing Mexico?

[TheRickles]

4. This could/should be the basis for a simple and widely-used TV ad.

There's still time for Dems to seize the initiative on this issue, as it's straightforward, simple, and easy to grasp. Inflation isn't the Dem's fault!

[wnylib]

5. +10000

[applegrove]

6. Why I gave the meme its' own op.

[TheRickles]

9. Well done. Thanks for doing it.

[kimbutgar]

7. I've been posting these type of memes on Facebook purposely for my friends to have ammunition

To use against those who complain about Biden’s inflation” problem”.

[GreenWave]

8. So it is way worse in Oz's beloved Toikey!

[peppertree]

15. And even worse than THAT: Turkey is said to grossly ("Ozzly"?) understate its inflation rate

The real rate, per private estimates, is of around 180%.

That's what things would look like if Repugs ever succeed in destroying global faith in the dollar - their unstated goal for the last 15 years at least.

[SunSeeker]

10. K & R & Retweeted!

[SunSeeker]

11. K & R & Retweeted!

[SergeStorms]

12. Republicans DO HAVE A PLAN!

Tax cuts for the wealthy. That's their plan for everything.

Don't have a plan........

[peppertree]

16. And more...

Repugs' unstated goal for the last 15 years at least, is destroying global faith in the dollar.

It would permanently shift massive wealth - and power - to those hoarding gold and whatever currencies are left relatively unaffected.

[Gregory Peccary]

13. Saudi Arabia's inflation rate is only 3.1%

Interesting that oil producing countries are so low.

[peppertree]

20. Assuming, of course, that's accurate

Inflation and growth data can be very sketchy in authoritarian countries.

And I'd hate to be the statistician who dares defy His Bonesawness.

[Hermit-The-Prog]

18. image from tweet and ...

Also:

[peppertree]

23. +1

I'd bet a Ping May cargo that Bitchy Mitchy could shed light on that.

[peppertree]

21. Of note: the average global inflation rate is 15% excluding China (13% w/ China)

That's weighed for population.

Not accounting for the fact that inflation data can be very sketchy in authoritarian countries.

Ours doesn't look too bad in that context.

[moonshinegnomie]

22. aand turkey is making exactly the wrong move to control inflation

the idiot running the country seems to think you lower inflation by lowering interest rates. they just cut them again and have said another cut it coming. the turkish lira has plunged. a few years ago it was worthless and its heading that way again....

[peppertree]

24. +1

The real inflation rate in the Land of Oz is said to be 180% (rather than the official 83%).