in

πŸ“‰πŸ“‰πŸ“‰ BIDENFLATION πŸ“ˆπŸ“ˆπŸ“ˆ

What’s the cause of inflation right now? the TLDR is – everything

—–

Join the community discord! β–Ί https://discord.gg/sfo
Watch Us LIVE (And Click Dat Sub Button!) β–Ί http://www.twitch.tv/gameboomers

GB Archive Channel β–Ί https://www.youtube.com/gameboomer
Dev Kit Channel β–Ί https://www.youtube.com/channel/UC6JqRzevf47DxetO2oixKIA
SFO Backups Channel β–Ί https://www.youtube.com/channel/UC5yzLXhKMxMO9L0rSciLnNA

—–

SUPPORT THE SHOW:

BTC:bc1q6udqgvfm9uaj59l24ut7f73wvsfu707kk6pn3m

SubscribeStar! β–Ί https://www.subscribestar.com/shortfatotaku
Streamlabs! β–Ί https://streamlabs.com/shortfatotaku
Patreon! β–Ί https://www.patreon.com/shortfatotaku
Paypal! β–Ί http://paypal.me/shortfatotaku

Humble Bundle Affiliate Link! β–Ί https://www.humblebundle.com/subscription?partner=shortfatotaku
Amazon CAN Affiliate Link! β–Ί https://amzn.to/322aFAa
Amazon USA Affiliate Link! β–Ί https://amzn.to/30PLxgN
Amazon CAN Wishlist! β–Ί https://www.amazon.ca/hz/wishlist/ls/22AZL3PPABOMZ
Amazon USA Wishlist! β–Ί https://www.amazon.com/hz/wishlist/ls/BC71ANHPWNQM

—–

SFO-CIAL MEDIA! HYUK HYUK

DA TWEETS β–Ί https://twitter.com/SFOSecretary
DA FACES β–Ί https://www.facebook.com/SFOtaku
DA GABS β–Ί https://www.gab.com/shortfatotaku
DA MINDS β–Ί https://www.minds.com/shortfatotaku
DA PARLERS β–Ί https://parler.com/profile/Shortfatotaku
DA STEAMS β–Ί http://steamcommunity.com/groups/ShortFatOtaku

—–

Credits:
Thumbnail β–Ί ha ha money printer go brr
Background β–Ί https://twitter.com/cryomancerlex
Music β–Ί https://www.youtube.com/watch?v=0VRgfSGI2wo

#Bidenflation #Putinflation #inflation

Written by ShortFatOtaku

Hi, I'm SFO, and on this channel I make political and philosophical content. There's a lot wrong with the world at the moment, and I don't really have any way to affect political change other than making videos on pertinent topics, so I'll do what I can. My political position is a liberal centrist - I believe that free western capitalist democracy is the best political system we have, and that it's under attack from all sides, from SJWs, from religious extremism, from radical feminism, from identitarianism, from both progressivism and regressivism, from extremism from both ends of the political spectrum. If you're expecting me to either be alt-right, or side with social justice, you're going to be very disappointed.

Comments

Leave a Reply
  1. 12:00 So you claim that the stimulus would induce a growth in productive capacity wich would, in the best case, make up for the additional money supply. But this would then not show up as inflation, or at least quickly vanish after a short delay of productivity growth.
    Consequently i would argue that the 4% inflation caused by the stimulus are actually already including this growth in productive capacity. The 4% are the remainder of the growing money supply, which was mismanaged and did not contribute to a growth of productive capacity!

  2. "Let's say Biden's domestic policies caused 4%. The other half there includes the war in Ukraine…"

    …which is also a Biden policy failure, caused by him literally encouraging Putin to invade Ukraine both directly and indirectly.

  3. No Dev. You're wrong about the Jobs. You can't claim you brought back all these jobs and ignore the fact that a LOT of jobs were killed by the Democrats with their state wide lock downs and killing off of jobs ( IE: keystone pipeline, etc. )…. Look at how many jobs were lost under Biden and then compare it to how many jobs were brought back. We're still in the negative.

  4. Dude, the government can't "intelligently" or "carefully" print money for nothing to fund newly formed businesses without causing inflation. Literally more money supply in existence = inflation when it's a fiat currency. Plus the government is consistently one of the worst judges of what kind of business would be profitable or productive, only barely better than college socialists.

    I guess it's true. "Centrists" invariably slide to the left at the pace of the Overton Window – when you understand the differences between the left and the right, a rational or compassionate person is bound to become "radicalized" into some form of conservatism (tradcon, libertarian, etc.) while someone who wants to believe that the sane middle ground is anywhere near the middle of whatever's socially acceptable currently is at the mercy of the shifting culture and doomed to slide down the slippery slope.

  5. There’s no way of knowing how long the economic crash would’ve of lasted then but it is inevitably going to happen and is inevitably going to be worse the later it happens , due to increasing inflation.

  6. Im starting to think aggregating articles written by shills cant be used for making your "centrist" opinion. It comes off as a moderately controlled opinion. 'Stay calm dont rise up and affect change on your government'

  7. Are the increased jobs a product of the ARP's involvement, or the decrease in restrictions, an increase in boosters and vaccinated labor forces, and just people managing to adapt in the pandemic economy? I don't know about America's end, but here in my local town, small business started to pop back up, replacing the small businesses that went out. And I see a lot more of people take up pandemic jobs like delivery and online selling. Does the statistic consider that as a "job"? Keep in mind, we don't have nearly the same industrial and economic capabilities as the West, and we had even more government spending on the Covid crisis, causing a big increase in prices.

    I don't know, we need more context. Otherwise, I credit this more as people finding new ventures to make a living on rather than the money printer going brrr.

  8. I cannot put my finger on why? But your last couple of videos have begun to wind me. Almost as if you're pulling back the mask to reveal in reality you're a Leftoid Loony fifth columnist. I don't know why as I still think you're a voice of sanity out there on t'internet. Perhaps I am turning into the old cantankerous git I feared. πŸ™ƒ

  9. You realize that it's not actually "job growth"? These aren't new jobs, they're reopenings of jobs from before the total lockdowns from that disease we still aren't allowed to say on YouTube. The lockdowns and the economic effects created by Democrats, and which even Joe Biden wanted to continue, until he realized he could effectively claim to "create more jobs than [his] predecessor" when those are the exact jobs he and his party killed. He created no jobs, Dev, that was from a reopening of the economy that Biden was opposed to. Bidenflation is still horrible and not worthwhile.

  10. this is what you get with MODERN MONETARY THEORY, rampant inflation and a Zimbabwe-like situation.

    Hopefully some MAGA-Republican is voted in for government housing in 2024 ffs

  11. Job growth only came because those jobs were lost because of lockdowns. It's weird to claim job growth as they incentivised business to push out people. Then when everything started to open back up, they needed to fill those jobs (many of which are still not filled). And they are still pushing for this to continue as they, last time I checked, had threatened to withhold pay from about 57k service members for their vaccine status. Adding less jobs than they have lost is not growth.

  12. There's a lot here that Dev is either ignoring, or doesn't know about.

    First, inflation is not 9%. It is probably around 12-15% because the CPI calculation is well known to be fudged to make administrations look good. I know my personal bills/expenses have gone up as much as 20% in some cases.

    Second, Dev is conveniently ignoring that in 2021, COVID restrictions started getting rolled back which also affects job growth. So which had a great effect on job growth? I would argue that removing restrictions AND the great migration from COVID nightmare states caused more job growth than throwing money at people.

    Third, our entire infrastructure is dependent on oil and Biden has been hostile on oil production since day 1 in office. This has also caused a general price increase across the board although, admittedly, the great increase happened because of the war in Ukraine. Oil prices are starting to go down, but that's because of deflation in the Texas oil economy not because of a reversal in Biden's energy policies.

    Fourth, it's not taking a loan on future productivity. It's taxing savings in an indirect way, which caused a massive inflation in the hard assets market (aka REAL ESTATE) which is currently causing a housing crisis.

    Now if Dev still wants to be a fence sitter and say 'muh both sides' then he can also point to Trump and say Trump's stimulus also had a hand in this, especially since economy results of an action aren't seen immediately and it could be argued that in 2021 we started seeing the consequences of Trump's stimulus and now we're starting to see the consequences of Biden's.

  13. The giant caveat being overlooked here is 'trusting any of these gamed stats'.
    For all we know inflation is 25% and unemployment is over 10%. The numbers have been so cooked it's irrelevant at this point.

  14. A few points you missed – Sri Lanka was not a victim of government spending, but deliberately destroying their agriculture

    The job "creation" was fueled by a certain lockdown ending, not some crazed spending

    Um, resttricting the supply of fuel, anyone? Fuel does affect prices, right?

    How about California's efforts to choke the supply point at their borders, between the unionized river requirements and "green truck" requirements?

  15. i distinctively remember back in 2020 and 2021 when there were a bunch of "but what about the economy" memes mocking right wingers who opposed severe lockdowns
    of course they will not admit being wrong

  16. It's been said in the comments here already but the ARP is another form of kicking the can down the road and wasteful government spending. The other day we saw the video of the Linked In girl talking about her fake laptop job… these types of people absolutely need to lose their jobs and the economy needs to recalibrate to actually having people making things and providing real services.

  17. Aren't the job creations just jobs coming back after the lock downs? I wouldn't count that as growth. And the unemployment isn't as good as it looks because of what labor force participation is right now.

  18. The government does not "create" jobs. They either get out of the way of the private sector to allow them to create jobs, or they incentivize people to not work. The "job creation" numbers were a result of forcing millions of people to lose their jobs, then "allowing" them to go back to work. They weren't "new jobs" and giving people a $2000 check and $600 a week to not work absolutely did not expand the job market. These numbers are just made-up extrapolations drawn from the overall return to work figures.

  19. I don't see how we can attribute the creation of jobs to the ARP. The jobs weren't being 'created' they were returning because the Democrats were letting people live their lives again.

  20. as a brazilian i think it's funny to see the world experience what has been part of our whole lives here, all while we expect to see deflation in the next months.

  21. Did you take into consideration the jobs that were lost due to lockdowns? if I take away 10 million jobs, then bring back 4 million, I have taken away 6 million jobs

  22. Biden getting jobs back is worthless as the lockdowns he supported were a huge cause of lost job right now people only going back to work and its not an accomplishment of bidens

  23. in dominican republic as an island who use much things that come in planes or boats (shipping containers are in the sky in prices now) inflation here was very big, the gov have some fault in not put more money helping local farmers but they do something freezing oil prices with public money to lower 1%.

    but USA produce many things and have contection by rail to mexico and canada. biden probably make atleas 1 or 2 % or the inflation with dems lack of work to lower it

  24. The ARP, started from Trump was the government helping relieve a situation THEY created, by licking and shutting things down. Job growth after the fact is because the economy is opening back up, those jobs were just "created" in a vacuum.

  25. My question for the jobs is how many of them are able to sustain a citizen above the current price of living. As a layman can anyone enlighten me if those 4 million jobs are on paper (full time/part time)?

Leave a Reply

Your email address will not be published.

Loading…

0