Guess Who Got Inflation Started?

Created
Fri, 01/11/2024 - 10:30
Updated
Fri, 01/11/2024 - 10:30
Mark Cuban explains how Trump started the high inflation: In April 2020, in the early days of Covid, the gas prices were $1.87. Oil companies went to Trump and said: we're getting crushed. You have to talk to your friends MBS and Putin and ask them to reduce production. And he… pic.twitter.com/PoDrVqyDJn — Republicans against Trump (@RpsAgainstTrump) October 31, 2024 Yes, the pandemic supply chain problems threw the world economy into chaos and there was plenty of price gounging and external events like bird flu that raised the cost of eggs. But guess who put his foot on the gas? Mark Cuban explains how Trump started the high inflation: In April 2020, in the early days of Covid, the gas prices were $1.87. Oil companies went to Trump and said: we’re getting crushed. You have to talk to your friends MBS and Putin and ask them to reduce production. And he did. That was the day inflation started. Trump is saying that he’s going to “drill, baby, drill” like a madman to reduce inflation. Yeah. Not gonna happen. American oil production is at an all time high and the energy companies are not looking to raise prodiction to the point that they will not make money. Just looks what happened during the pandemic. I don’t know if he knows this. He’s not exactly a very stable genius. But I guess he’ll always have his tariffs. Which will raise inflation. So there’s that. Across the United States, companies that rely on…