General Discussion

DontBelieveEastisEas

(1,211 posts) Sat Aug 17, 2024, 02:02 PM Aug 2024

INFLATION - by COUNTRY - oil? -covid? supply? price-gouging?

Last edited Sat Aug 24, 2024, 04:47 PM - Edit history (8)

It must be something or somethings with a global effect.

If it were price gouging and/or fixing, would that cause this global effect? No doubt it would have a global effect in my opinion, but it seems it would be most pronounced in the USA. The inflation figures on a whole show that it is less in the USA.

For 2023, the United States seems to have done well compared to most of the top 20 or so national economies.
I think this information would make a great Democratic Ad.

The USA has done well to control the inflation set off by COVID
INFLATION - by COUNTRY (2023)

Japan - 3.27%
Canada - 3.88%
USA - 4.12%
Brazil - 4.59%
France - 4.88%
Mexico - 5.53%
Italy - 5.62%
Germany - 5.95%
Philippines - 5.98%
Russia - - 6.69% - NOTE -> 2021 est. not 2023
UK - - 6.79%

https://www.cia.gov/the-world-factbook/field/inflation-rate-consumer-prices/country-comparison/

2 replies

= new reply since forum marked as read

Highlight:

INFLATION - by COUNTRY - oil? -covid? supply? price-gouging? (Original Post) DontBelieveEastisEas Aug 2024 OP

Price gouging is partly responsible, but how much is open to debate. It ain't just Silent Type Aug 2024 #1

We've got to crush the lie that stimulus dollars are solely responsible for inflation. pat_k Aug 2024 #2

Silent Type

(12,412 posts)

1. Price gouging is partly responsible, but how much is open to debate. It ain't just

Reply to DontBelieveEastisEas (Original post)

Sat Aug 17, 2024, 02:14 PM

Aug 2024

large companies increasing prices. My local farmers market has had hefty price increases, even the roadside boiled peanut guy.

pat_k

(12,665 posts)

2. We've got to crush the lie that stimulus dollars are solely responsible for inflation.