Let's talk about Biden's inflation....
Belle of the Ranch
Belle of the Ranch
4.9 • 1K Ratings
🗓️ 15 June 2022
⏱️ 4 minutes
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| 0:00.0 | If just thinking about your bills makes you feel confused and disorientated, |
| 0:05.0 | like your head is full of Raspberry, |
| 0:08.0 | then you need Monzo. |
| 0:10.0 | Download your new favorite bank and pay bills from custom pots. |
| 0:15.0 | Money never felt like Monzo. |
| 0:18.0 | UK residents, Tease and see supply. |
| 0:21.0 | Well, howdy there, internet people people let's bow again so today we're going to talk |
| 0:26.2 | about inflation in the United States Biden inflation right it's at a 40 year high in the United States. Okay, so something we've talked about on the channel is that it's a global thing. It's not just confined to the United States. |
| 0:46.8 | The idea of pinning it on Biden seems a little silly. |
| 0:50.0 | And I've said this, but now we have like really hard data to back it up from uh... |
| 0:53.7 | doyce bank |
| 0:55.8 | they looked at a hundred eleven countries |
| 0:58.4 | where's the united states |
| 1:00.1 | about metal |
| 1:01.6 | about metal we're running around 8.6% which means we're doing better than the Netherlands |
| 1:07.8 | worse than Germany as far as inflation goes. |
| 1:13.0 | The only places that really seem to be immune to this are Japan and China. |
| 1:18.0 | Japan historically has low inflation, like all the time. In fact, they have trouble hitting the percentage of inflation |
| 1:28.6 | they want most times. China has price controls, so that helps a whole lot. Turkey has the worst inflation |
| 1:40.3 | in the G20 at 74%. Most of the large economies to the south of our border or in |
| 1:48.0 | Africa are running in double digits. So here's the thing. If the US is just doing average as far as inflation |
| 1:59.4 | goes, it's running in the middle of the pack so to speak. |
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