Look! Inflation is out of control! It’s the highest it’s been in years! It’s all Biden’s fault!
However, there’s a glaring problem with this ridiculous assertion and it can be dispelled within seconds simply by looking at a graph.
What this graph clearly shows: Inflation is a WORLDWIDE problem and has been for more than a year now. Even countries with minimal trade with the USA or association with the U.S. dollar are feeling the pinch of higher inflation. In some cases, the rate is much higher.
The US inflation rate ranks somewhat in the middle of the pack, slightly higher than some EU economies, but about in line with other G7 nations. Fact: Every nation in the world is experiencing high inflation right now. There are many reasons for this, worth discussing and even debating.
But please — get off the “Inflation is Biden’s Fault” idiot train. You’re just showing your profound ignorance and failure to grasp global economics.
The world is bigger than what you see at Walmart.