Our leaders blame inflation and high gas prices on a dictator whose economy is 14x smaller than the US. According to them, a foreign adversary has more control over our economy than the US government.
If you simply look at the data, the claim that "inflation is Putin's fault" makes zero sense. US Annual Inflation was already at 6-8% for several months before Putin started moving troops. They are straight-up lying to the American people.
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The inflation rate of the yen was -.23% in 2021.
As opposed to the 10%+ (likely 20%+) dollar.
I think we will see the rise of non USD stable coins in the near future.
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