Changes

High inflation undermines the [[economy]]'s ability to generate long-lasting growth and job creation.  High inflation erodes the value of incomes and savings. People on fixed incomes, including the elderly and poor are particularly vulnerable to inflation. [[Social Security]] payments are adjusted to inflation months or years after the fact and typically when inflation has already accelerated to higher levels.  

High inflation undermines the [[economy]]'s ability to generate long-lasting growth and job creation.  High inflation erodes the value of incomes and savings. People on fixed incomes, including the elderly and poor are particularly vulnerable to inflation. [[Social Security]] payments are adjusted to inflation months or years after the fact and typically when inflation has already accelerated to higher levels.  

Under the socialist [[Biden regime]] and its transition to a socialist economy, inflation reached a 40 year high during its first 10 months with no end in sight.

Under the socialist [[Biden regime]] and its transition to a socialist economy, inflation reached a 40 year high during its first 10 months with no end in sight.<ref>Mark Moore, "[https://nypost.com/2021/11/24/over-75-of-us-hit-by-inflation-and-most-blame-joe-biden-poll/ More than 75% of US hit by inflation and most blame Biden, poll shows]," NYPost, Nov 24, 2021</ref>

==Hyperinflation==

==Hyperinflation==

==Joeflation==

==Joeflation==

During [[Joe Biden]]'s term, the spike in inflation was especially hard towards 2021 [[Thanksgiving]] day, most Americans affected, polled, blamed Biden.<ref>Mark Moore, "[https://nypost.com/2021/11/24/over-75-of-us-hit-by-inflation-and-most-blame-joe-biden-poll/ More than 75% of US hit by inflation and most blame Biden, poll shows]," NYPost, Nov 24, 2021</ref>

During [[Joe Biden]]'s term, the spike in inflation was especially hard towards 2021 [[Thanksgiving]] day, most Americans affected, polled, blamed Biden.

==See also==

==See also==