downhill shade 2 wrote:
You moran. Of course average wealth went up. Trump and Biden printed 3 trillion dollars and Biden made sure it was wasted. Slowly but surely all that money is being set on fire with nothing to show for it except for higher prices.
except, you know, inflation is falling steadily and is down to 2.5-4%% already. Which, historically speaking, is average or even below average.
We had 3-5% inflation all through the 80s into the early 90s. Even higher in the 70s. The current inflation rate is fine. and will probably continue to fall. Not a problem.
(and yes I'm ignoring the fact that you confuse 'income' (which I cited) with 'wealth' because it shows to all you are just going with your gut rather than knowing or learning anything.)