Can we have more Fareed commentary on a regular basis? This was a great analysis. 😊
@charlesbaldo
21 күн бұрын
You like it when Trump is blamed for Biden's failures, don't you ?
@Dustin277
Ай бұрын
But i thought Bidenomics? 🤣
@johnsolberg5611
Ай бұрын
Stop letting cnn tell you what to think
@Dustin277
Ай бұрын
@@johnsolberg5611 it was a joke
@daryldarichuk2149
Ай бұрын
Dementia Joe has no idea what is happening 😂
@redcomet0079
Ай бұрын
@@daryldarichuk2149Trump called Nikki Hayley Nancy Pelosi 😂
@altonbrek
Ай бұрын
@@daryldarichuk2149 Trump fell asleep in court for long periods. "Sleepy Joe?" eh? It's ALL projection!!
@patrick39432
Ай бұрын
Corporate CEO's are being paid record amounts and corporate profits are at record highs even as they say they need to raise prices to keep up. I see a lot of greed😥
@heemlo649
Ай бұрын
Do you even understand the basic concept of inflation?? Everything is going to be at a record high when the money is worth less.
@carlocalingasan998
Ай бұрын
I don’t think it is causing the inflation but even if it did Biden won’t change a thing since his friends are benefiting
@9753flyer
Ай бұрын
@@heemlo649 Do you understand that 'inflation' can be caused by multiple things, especially monopolies that control the market and are very greedy. The VAST majority of the 'Inflation' is actually 'Greedflation' being deliberately perpetrated by the Conglomerates that control the markets. Example, Beef in the US is provided by a grand total of 3 major meat producers even though there are over 30 'brands'... all of whom are posting RECORD revenue AND PROFITS all the while crying about inflation on their supply chain.. yet they are posting record profits and showing lower production costs in their quarterlies... That's called gouging the consumer and causes inflation.
@johnsolberg5611
Ай бұрын
Oh shut up
@stevenhenry5267
Ай бұрын
Not the main issue
@Economics70
Ай бұрын
Crazy how Biden can never be criticized without including Trump. Media is such a joke.
@harryfarber6435
Ай бұрын
Especially when inflation was at 1.4 percent when the potato was installed
@jockyoung4491
Ай бұрын
If they both did the same thing, why shouldn't both be included? They were Trump's tariffs
@badluck5647
Ай бұрын
@@harryfarber6435Because Trump's $9 trillion in deficit spending had nothing to do with inflation when the economy opened back up?
@mhall801
Ай бұрын
Exactly. Most of the Dems on here are the same way.
@ElleGen
Ай бұрын
FZ didn't say anything about the new jobs for Americans generated by the infrastructure bill and inflation reduction act. Americans are being paid to make necessary, overdue repairs. These are well-paying jobs. He fails to mention profit-driven inflation went from 11% pre-COVID to 53% currently. That's companies taking advantage of inflation to increase profits. He didn't talk about the recovered and created 600K manufacturing jobs.
@josecuervo3351
24 күн бұрын
No Zakaria. The largest expense for Americans and largest part in the inflation Fed reserve inflation index is shelter. The cost of homes, insurance, property taxes and rent has skyrocketed to grotesque levels. Increases in general consumer goods is uncomfortable, but extreme increases in shelter is downright disastrous.
@josefperry3836
Ай бұрын
True, tariffs on Harley Davidsons, bourbon, washing machines, solar panels and raw materials like steel and aluminum are contributing to inflation. But the Bureau of Labor Statistics' most recent numbers (March 2024) identify auto insurance, rent and housing as the three biggest contributors to inflation. I'm not sure how people getting into accidents, landlord greed and homeowners selling their homes are affected by tariffs. Also, Biden did roll back some of the tariffs on steel and aluminum imports from Europe.
@jojopapa7521
Ай бұрын
So why is he not taking action on price fixers? Why is he maintaining 27% tax on BYD cars import??? Why did he spent10T in 2 years, shut down everything and then open economy with zero interest??? Lol
@sportivitythrills183
Ай бұрын
Yeah it’s a few tariffs that caused all of it. Not the $4T increase in the money supply by the Feds to pay for Bidens spending
@Tainoinhawaii
Ай бұрын
Corporate greed always increases inflation. Do a story on that.
@piku5637
Ай бұрын
It’s as if capitalism is an inherently corrupt system🏴
@Ravi-rl8tt
Ай бұрын
Sure. Wanna talk about the workers price gouging their labor costs which caused corporations to pass these costs onto us?
@badluck5647
Ай бұрын
Because Trump and Biden increasing the money supply by 25% in 2 years had nothing to do with higher prices.
@RBS314
Ай бұрын
Starting with the oil companies.
@savageusa8939
Ай бұрын
Fake news pushing the corporate greed narrative is total bs. Inflation is solely caused by excessive money printing.
@mvann5
Ай бұрын
You don't think there is price fixing? The grocery stores?? Gasoline? Robert Reich and Bernie Sanders believe greed, monopolies are a big problem.
@seanmccartney5177
Ай бұрын
JOE!!! BIDENONMICS...............nuffsed
@moonkey537
Ай бұрын
Is the greedy corporations refusing to lower prices after they saw the pandemic profits
@piku5637
Ай бұрын
It’s as if capitalism is an inherently corrupt system.
@rickmartin9420
Ай бұрын
That's not how it works. Prices rise to the point where profit is maximized and if they rise too high, then profits will decrease. With few exceptions, it''s consumers who drive inflation.
@Ravi-rl8tt
Ай бұрын
Lmao, everyone wants to make money homie. If wanting to make money is so bad, blame the workers who price gouged their labor costs first🤣🤣🤣.
@Pilotpailie
Ай бұрын
That pandemic sure was conveniently timed.
@DBF-wh4mo
Ай бұрын
Greed is not new. You are experiencing Bidenomics. Hold on to your wallet.
@lonecandle5786
Ай бұрын
The tariffs have been a net bad, but I don't think they are causing current inflation. Tariffs should add a one time bump in the inflation rate, not continue a high rate after the tariffs have already caused the price increases.
@KaiseruSoze
Ай бұрын
And the DJI is the highest it's ever been. What's wrong with this picture? Prices are absurd. Tent cities are growing. So are home prices and apartment rents. And it just gets worse. Whoever becomes the next president will be blamed for however it ends. Why anyone wants to be president is beyond me.
@DutchFR1908
Ай бұрын
the problem are company's they make huge profits and the 0.5 percent of the richest earn huge amounts of cash. in the netherlands they raised the minimum wage and they also send once a year compensation for the high energy prices. company's and the richest should pay a lot more. and the minimum wage should increase a lot too.
@savageusa8939
Ай бұрын
Excessive printing of money is the sole cause of inflation
@twesj
Ай бұрын
That's just not true. They've investigated the companies they claimed were doing that and found nothing. You're of course going to have record profits when the dollar isn't worth a much and making products costs more.
@ElleGen
Ай бұрын
@@twesj Who are "they?"
@blazeroranger
Ай бұрын
Skipped raised taxes by Joe Biden. Why skipped it out?
@twesj
Ай бұрын
@@ElleGen the federal government. I believe it was the treasury department.
@TuaTagovailoaTouchdowns
17 күн бұрын
Unfortunately, both candidates are high on protectionism in different ways.
@NatoshaMarzucco
Ай бұрын
At least he's being objective and not praising Biden.
@SNOOPYSNOOP1A
Ай бұрын
WHO CARES WHAT HE SAYS THAT'S WHY HE COMES ON ON THE WEEKENDS WHEN AIN'T NOBODY AT HOME 🏡 WATCHIN' THE NEWS 😂😅😂
@tobycarpenter884
Ай бұрын
What about the phenomenon known as price gouging. Pathetic excuses for corporate greed. How about some real muckraking.....
@zoltaniii9534
Ай бұрын
Three resources are connected to the manufacture of goods and services. Oil, gas and electricity. These energy resources have doubled in cost. Everything has gone up due to these three.
@bobcob3362
Ай бұрын
Yep. That and higher wages
@kkartha
Ай бұрын
Bye Den's Ukraine Fiasco!
@zoltaniii9534
Ай бұрын
@@bobcob3362 Yep. Tat and higher cost of goods
@zoltaniii9534
Ай бұрын
@@kkartha thats a lot to unpack
@chris24j48
Ай бұрын
Solution: Buy less,
@marcus3267
27 күн бұрын
America is capitalism stupid
@laopang91362
12 күн бұрын
Fareed is 100% right. Don't forget collective bargainings and minimum wage laws.
@markhernandez6317
Ай бұрын
The words re-election and Biden can’t be used in the same sentence..
@bikramshrestha9371
Ай бұрын
❤❤❤Vote Mr. Rfk jr. With VP. Nicole for bringing peace with prosperity at home America...
@DeckerdSmeckerd
Ай бұрын
Inflation in just a devaluation of the currency, so doesn’t that mean your debt is worth less too?
@HealthyMBS1
Ай бұрын
What do we do about price gouging by corporations and the inflation of corporate profits and CEO pay? Those things are causing out of control inflation
@smilesnow4593
Ай бұрын
How is that price gouging? If gas goes up, it cost more to transport goods. Quit listening to the media.
@managua67
Ай бұрын
😂😂😂
@sportivitythrills183
Ай бұрын
Maybe 10 million illegal consumers with payouts from the govt are driving up demand and the cost of goods? Duh.
@zalronwow7222
Ай бұрын
If you think a company is "price gouging," then don't buy their product. Otherwise stop crying, their costs have gone up, so they will pass that cost on to you and maintain their current level of profitability and try to grow it at the same time.
@commonman317
8 күн бұрын
@@zalronwow7222 Oh sure, those CEOs need to be paid 300 times more than their average workers.
@americansagainsttrump1337
Ай бұрын
WHEN ARE WE GOING TO TALK ABOUT CORPORATE PRICE GOUGING? IT IS A FACTOR IN OUR CURRENT INFLATION LEVELS.
@joeschneider8025
Ай бұрын
This has been going on for years now
@eccentrificalchris2706
Ай бұрын
It cost me $40 for a medium pizza and a salad from dominos yesterday. That’s where I get mad
@Acer_Maximinus
Ай бұрын
You should learn how to cook. You could make a pizza from scratch in the time it takes to wait for someone else to do it for you.🤔
@eccentrificalchris2706
Ай бұрын
@@Acer_Maximinus yeah not a bad idea. I actually know how to cook pizza but I would rather be a lucky, lazy American and order delivery.
@SNOOPYSNOOP1A
Ай бұрын
GO ON A DIET THEN 😂😅😂
@coolroxas
Ай бұрын
Salads are highway robbery from dominos, just get a large 1 topping at $7.99 comes to like $8.75 give or take based on tax. That said it is a deal for carryout only
@jimathyjohnathy6996
Ай бұрын
bro is this regular price in the US
@333crt
7 күн бұрын
It should be noted that the U.S. is still the second largest manufacturing country in the world.
@zafarsoh9497
Ай бұрын
And where did you plagiarize that from?
@altonbrek
Ай бұрын
Greedy food producers are putting up prices!
@JerryScott777
Ай бұрын
LOL😂😂More like Biden the Greedy !!!
@altonbrek
Ай бұрын
@@JerryScott777 So.... Biden is putting up prices so he can cause himself electoral problems? You are so illogical!
@squiggyg.8415
Ай бұрын
Few tangible achievements??? no wars, low interest rates, booming economy, domestic energy
@JimWebbJax
Ай бұрын
There were dozens of armed conflicts while Trump was in office. Interest rates are a factor of inflation. Economy was booming before he took office. Domestic energy was booming before he took office. These aren't things he did but are rather things he didn't screw up.
@jmack619
Ай бұрын
All that while fighting off the Russia Russia Russia hoax and lies ...pushed 24/7 by the likes of MSM CNN MSNBC FBI
@sandyjohnson5111
Ай бұрын
The Obama administration handed the Trump administration a good economy. An economy that was in a free fall because of Bush.
@TheTruthFollows
Ай бұрын
@JimWebbJax armed conflicts and straight up wars are different.
@gacj2010
Ай бұрын
That was TRUMP and thats why I am going for him
@jglove9186
Ай бұрын
So discouraging smh we need relief. The world is in chaos. Definitely praying 🙏🏾
@fdre3wsd
Ай бұрын
Interesting, I'd almost forgotten about the Tea Tax
@Passion5092
Ай бұрын
Don't forget about price gouging and supply chain issues.
@deesticco1719
3 күн бұрын
Sadly the political goals are costing Americans! True, in the last 3 decades it trained the consumers to shop smarter though the retail biz collapsed except the air fares are faking price hikes with pseudo sell outs! Also the good thing was the manufacturing costs are done effectively with less wastes. Sometimes the adversity brings a bright side but now the Leaders should optimize these theories with the help of the smart economists to beat the inflations and working great for the economies! As a biz woman in the garment trade when the retail marks up 3 times just for greed knew it was matter of time and this was 20 years ago and the manufacturers declined to believe then and see how they had to downsize today.
@BG-fm5od
19 күн бұрын
Not inflation… the cost of goods for buying American.
@john-lenin
Ай бұрын
And you still have no fucking clue how Modern Monetary Theory changes things.
@Darhan62
Ай бұрын
What about AI? Aren't increases in productivity from new technologies inherently deflationary? Will that balance out the inflation from tariffs?
@nhanha7433
Ай бұрын
If we rise the tax the consumption we encourage not to spend more. If you low tác the product cost will low you purchase more. If you raise the price of the product and you make less monies you will buy less items if you low the price of products you can buy the product with less monies and you have extra left over from monies you can choose for saving
@patel.k
Ай бұрын
Fareed is brilliant.
@sportivitythrills183
Ай бұрын
Said no one ever.
@Yup5757
Ай бұрын
Fareed is kookier than Cocoa Puffs.
@WildernessExcursions
Ай бұрын
Blocking the Keystone XL pipeline, which started during the Obama administration, and Trump pulling out of the PPP are two huge factors that eventually led to the inflation we have today.
@vinceena
Ай бұрын
What does have to do with lowering interest rates to buy. A house or a car.. lower the rate
@dmac7128
Ай бұрын
Lowering interest rate increases the money supply. Every time a bank makes a loan, it literally creates money. If you lower interest rates it stimulates increases in the money supply. That means every dollar decreases in value - Inflation. The Federal Reserve primary control on inflation is regulating interest rates to regulate the money supply.
@vinceena
Ай бұрын
@@dmac7128 I bet Trump would disagree.They will never get the interest rate to 2 percent.So it is 2.49,now. It is time..
@dmac7128
Ай бұрын
@@vinceena I'm sure he would. Fortunate we don't live in a dictatorship (for now) where presidents determine banking and monetary policy based on purely political reasons. Countries like Venezuela have tried that with disastrous results like hyperinflation. You do understand that lowering interest rates runs up the printing presses injecting even more dollars into the economy? I believe the term for that is inflation, the thing that people are complaining about these days.
@vinceena
Ай бұрын
@@dmac7128 Look I don’t like dictatorships any more than you do. I am talking about corporate greed. Where credit cards have gone to 30 percent from 12 percent Stick to the basics. People need relief.
@thetaxiucla
Ай бұрын
“Trump & Biden” 😂😂😂😂😂
@ThienNguyen-og7wt
Ай бұрын
Already knows before it happens But why $7.25 still ? And waiter $2.30 plus tip Nothing left even skinny more
@raymonddavis7233
Ай бұрын
This is a conflation of ideas, though. If costs are higher for Americans due to tariffs, and that lessens Americans’ spending power, then that would be a way to ultimately combat inflation in the same way the feds combat inflation by raising interest rates. Both strategies make it harder for people to spend, i.e it hurts the consumer. Lessening tariffs would do the opposite, it would make consumer goods less expensive and therefore spur on consumer demand to spend and raise inflation. The reason this is important is that the short term promise of cheap goods comes at the long term cost of jobs in America and continued inflation.
@thomasjgallagher924
Ай бұрын
I agree that too many were quick to call globalisation dead, and characterise that as a good thing. I don't know any socio-economic change that was received as perfect across society. Similarly, I don't know any change that was an improvement on the status quo that wasn't attacked for being imperfect. We have unrealistic expectations largely born from a laziness that kicks in as soon as we find the explanation that sits easiest in our egos.
@duncanbleak3819
Ай бұрын
Fareed, for the last 2+ years, continues to ignore the continuing "record profits" officially reported over the majority of the last almost 7 quarters in the food and oil sectors. Producer price index peaked in June 2022, yet inflation remains sticky but Fareed never mentions this? It's greedflation officially!
@ThePeaceProject-4
Ай бұрын
Are you serious? Duh! if there’s more money in circulation, more people shop at companies and CEO’s make more money. This is the government’s doing nut job
@TheSummer750
Ай бұрын
Be patient, this is a very difficult time of record breaking profits.
@dmac7128
Ай бұрын
This is the reason tariffs impact inflation. Domestic producers will match the price increase of the same foreign produced goods if the resulting price is higher. Take light trucks. Since the 60's, tariffs have been in place on all foreign made light trucks imported into the US. (about 25 percent). The result is the price of all light trucks increased about 25 percent from what they were before the tariffs.
@Confucius_Spirit
Ай бұрын
The 80-90-2000-2010 had the best year of the costumers. Being dependent in manufacturing for that long, comes back and hits you hard. In the 80-s there were 15-16 big food distributors. Check it out now. And that's just the food industry. Company greed is tearing up the common man. Wall Street, Shareholders, Bitcoin is doing this. Where is Teddy Roosevelt at with his baseball bat.
@Ganiscol
Ай бұрын
Record revenue and profits for corporations - square that with the lie of rising manufacturing & logistic costs. This is Greedflation. Stay in your lane, Fareed.
@taroka1119
Ай бұрын
I'm acanadian, where costs (food in particular) have skyrocketed. I was just in California and was shockex by how expensive food is there. I don't know how Californians are feeding their families. It's BS!
@gingerbread_GB
Ай бұрын
I see many people blame "corporate greed" for inflation. As if corporations weren't greedy 5 years ago. It's actually backwards. Corporate profit is an effect of inflation, not the cause. Corporations perform better in high inflation environment precisely because they are greedy. They are much more efficient at driving up prices and suppressing their cost than the average person. Deficit spending pump large amount of money into circulation while COVId shut down the global economy. Inflation was inevitable. Now the tariff just makes it so much harder to restart the global economy. These are just some very basic concepts economists have been saying for years. The irony is that poor people tend to turn to nationalism and protectionism when they struggle in life, yet these policies usually hurt poor people the most.
@krisniemczuk3452
Ай бұрын
Prices are going up not because of tariffs and not because of increased wages but because the government allows them to go up.
@masoodrazaq
Ай бұрын
I understand how interest rates and energy prices can affect all kinds of products and services, from rents to groceries. I can also understand Fareed’s argument about tariffs and inflation with respect to imported products (from China). But why can’t NAFTA countries like Mexico become an alternative to China for some products? Also, why is there so much inflation in services, like healthcare, insurance and education? Is it because personnel costs have gone up to keep with cost of living (housing, cars, groceries etc.?). These industries are not clearly linked to Chinese manufactured goods and account for a good portion of the inflation that Americans are experiencing. I would like to see a more granular breakdown of inflation by sector (which is easy to track; data is available) but then also how each sector is affected by the Trump tariffs or other explanatory factors like personnel cost, corporate profits etc. From a recent analysis I saw, a lot of price increases are simply due to executive decisions to boost corporate profits. This is only possible in a world where there is insufficient competition, since many US industries are now effectively colluding oligopolies.
@conversationswithme8601
Ай бұрын
And Trump? 😂😂😂😂
@handsomestik
Ай бұрын
You and your boy JB are going to find out for real come November Fareed.
@eyasu6824
Ай бұрын
How has CNN kept this guy'???? First person on CNN I've heard makes sense.
@MadAudi
Ай бұрын
One thing you left out. Capitalism. Consumers that flock to stores selling goods at higher prices instead of finding the same goods at less expensive stores. Buying fresh veggies from farmers markets instead of Costco…. But… playing political blame games in election years is an expected thing to do. Finding the cheapest gas in your area instead of buying from the place you always go. Consumer reluctance to competitively shop… allows greedy corporations to thrive. Prices will come down… if stores lost their customers.
@melanatedone4894
Ай бұрын
Its not inflation its Greed that’s it more money to Share holders
@jimathyjohnathy6996
Ай бұрын
ig, but its more the amount of bills being printed along with increased taxes, lack of involvement by the government, and the amount they spend on broke a ss countries
@stevenhenry5267
Ай бұрын
Mostly false
@Soaringink1
Ай бұрын
A smaller REAL effort from our govt would be to make the exact same claim to industry that it makes to its citizens. "For all these factors, it is going to cost you more to do business, and while it may move your profit margins down, the American citizens should not bear the brunt of these costs alone. And the America people should abandon any company who maintains their profit margins while we spend more to shore up our positions within the global economy." I am surprised and disappointed at #fareedzakaria for such an inflammatory and overtly divisive report.
@andrewmay1113
Ай бұрын
Wages are also outpacing inflation and in a global economy what happens in the world effects US and whole world economy is inflationary: US is doing better economically than ANY other country
@JimMorrison-py6tf
Ай бұрын
Not buying it CNN
@mhall801
Ай бұрын
Trump🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇮🇱🇮🇱❤️❤️❤️❤️
@gacj2010
Ай бұрын
THey lie
@johnsolberg5611
Ай бұрын
Biden's sanctions and energy policy causing world inflation.
@ReRiderChi
Ай бұрын
how about the five dollar+ per gallon diesel?
@gautruc
Ай бұрын
Which country gets the most benefit from globalization? Yes, of course, China.
@winglift8156
Ай бұрын
Very elaborate explanation, but near MONOPOLIES, CORPORATE GREED, and PRICE GOUGING are very real and happening all around us every day.
@anuragchakraborty8766
Ай бұрын
Were they not happening 5 years ago?
@rikgto9351
Ай бұрын
Good try but no cigar
@davidjames2083
Ай бұрын
*Being serious for once ( **_and only once!_** ) Fareed, you ought to see what's going on over here in Brexit Britain. OMG!* 😨😰😱
@cashaeleatemla
Ай бұрын
When deaf Americans discuss the 2024 White House candidates, some of them use a sign representing the president's classic aviator sunglasses to refer to Joe Biden, or make a gesture mimicking Donald Trump's signature comb-over hairstyle. Experts say many of the approximately one million deaf and hard-of-hearing American Sign Language (ASL) users in the United States may not be participating in politics at all, due to the inaccessibility of campaigns. In a country where the last two presidential races were decided by only tens of thousands of votes, the group represents a potentially significant but untapped voting bloc. Presidential campaigns that receive federal funding are legally required to caption their ads, but captions can be glitchy or inaccurate, and most candidates don't hire interpreters for live events. And captions do not always provide sufficient access. ASL is its own language separate from English, with its own grammar, word order and idioms. When deciding who to support, deaf voters may be interested in candidates' stances on issues related to their disability, such as funding for specialist schools, but they are focused on the same issues other Americans care about too.
@jimathyjohnathy6996
Ай бұрын
just like, get new ears or something
@kkartha
Ай бұрын
Green Energy Mantra is another Elephant in the Room 😮
@scottsexton2590
Ай бұрын
What a stupid question , why has inflation persisted ? It's no mystery...IT'S CALLED GREED !
@danielkingery2894
Ай бұрын
Inflation has stated bad because of the behavior of the Progressives... the constant printing and dissemination of national debt is killing our economy.
@rickysampson8759
Ай бұрын
It’s called the feds and Biden paying for 2 wars
@BooksForever
Ай бұрын
I’ve been pointing to the inevitable inflationary wholesale and retail knock-on effect of those tariffs since they were first imposed by Trump. And here we are. Inflation.
@jonathandavenport3891
Ай бұрын
Lol 😆 🤣 😂 😹 😆
@BooksForever
Ай бұрын
@@jonathandavenport3891 So, your laughter confirms that you don’t understand how tariffs work. Sad.
@anthonywilson4181
Ай бұрын
Take an economics class, inflation never exceeded 1.9% under trump.
@BooksForever
Ай бұрын
@@anthonywilson4181 - there a delay based on how long it takes for existing inventories to be drawn down. And thanks to the fumbled response managing affairs in 2020, the economy slowed WAY down, thus pushing the inevitable knock-on effects into the next administration as the economy finally rebounded under steady leadership.
@anthonywilson4181
Ай бұрын
@@BooksForever cost-push inflation driven by bad fiscal policy such as energy regulation and labor cost. Also demand-pull inflation driven by consumer borrowing (credit card debt) also unchecked federal spending pumping unearned cash into a fragile economy. The national debt now exceeds $34 trillion.
@paulmorrison3113
Ай бұрын
Yes the tariffs are a tax, and it is bad for inflation, however one of the biggest problems is still the war in Ukraine, and the Republicans not allowing the weapons from the US to be delivered. With the billions of dollars in aid to Ukraine, the economy would be stimulated further, and that has a follow-on to the inflation rate. In the long term tariffs cannot work on the world economy, other markets will take up cheaper exports from China, at a cost to the US.
@The_Pvibes
Ай бұрын
Nothing much has changed between Biden and Trump, except for some issues on immigration and infrastructure spending. The middle-class Americans still have to work most of their lives to stay above water, while the companies that received big bailouts from the American people are still doing whatever they can to exploit end users. Inflation is an excuse used by these companies because, as of now, US consumers have no other choice but to agree to prices fixed by corporations. The irony here is that even though inflation is high, salaries are not increasing in comparison(except for top executives) , taxes remain the same, and healthcare is still the worst. All these old politicians should be thrown out of office, but then again, Americans have no other choice but to pick one of these personalities who definitely do not live in the 21st century.
@martinishakerxxl
Ай бұрын
Sorry Fareed, you are wrong. I would love to debate you on this.
@gacj2010
Ай бұрын
Fareed lies today huge
@1fattyfatman
Ай бұрын
I wouldn’t.
@9753flyer
Ай бұрын
The VAST majority of the 'Inflation' is not actually inflation, it's *Greedflation* being caused by companies and CEO paychecks.
@whyme3286
Ай бұрын
How Trump hiked up inflation? You have to be kidding, the average inflation rate under Trump was averaging 1.9%, quit lying like you always do!
@kkartha
Ай бұрын
True.. In California , I used to fill up my old Toyota Camry gas tank for $30 in 2019. Everything changed since Bye Den and his Climate Change hoax masters hijacked our Elections in 2020.
@johnsolberg5611
Ай бұрын
Joe biden's energy policy and stupid russian sanctions caused world inflation.
@bernardwylie9760
Ай бұрын
It was pointed out: his trade tariffs on China. As economist point out, a modest liberalization of trade could knock 1.3% off inflation from its current 3.5%, essentially achieving the feds target of 2.1%. And yes, Biden shares some blame, he’s kept those tariffs in place to boost domestic manufacturing and climate policy. Me personally, I don’t have a problem with this. We needed to manufacture more things here to insulate us from the volatility in the Chinese manufacturing sector (remember when we ran low on PPE early in the pandemic), and I knew as a result inflation would be higher for longer and planned for it. 🤷♂️
@johnsolberg5611
Ай бұрын
Notice how cnn deleted my biden sanctions comment, thats them the other comment.
@dthrust9037
15 күн бұрын
@@bernardwylie9760that didn’t cause as much inflation as bidens energy policies
@Bill91190
Ай бұрын
Trump signed a total of $8.3T into circulation too. Lets not forget that effect.
@gacj2010
Ай бұрын
Covid relief then BIDEN went on for 3 years to do more ..BIDENOMICS and ENERGY ASSAULT..Im done with all that crap
@wifiphone1032
Ай бұрын
Let's not forget about the pandemic too, seeing how everything was good until the pandemic happened, that pretty much speaks for itself.
@carlocalingasan998
Ай бұрын
Trumps COVID relief was necessary in 2020. The Covid relief in 2021 should not have been done because we had the vaccine and most of the PPP went to rich people. Even Tom Brady got an interest free loan
@justathought4675
Ай бұрын
But he didn’t import 20 million people to compete with us for goods and services plus housing while at the same time increasing gas cost especially with the latest conflicts we inherited from other countries
@user-tt6sq1ft1m
Ай бұрын
Right
@antihypocrisy8978
Ай бұрын
Globalization helped keep inflation low for the past 20 years. Now it is reversing as geopolitics cloud economic sense. Inflation and interest rates will stay high. US debt problem will get worse.
@kalkal7785
Ай бұрын
1400 Companies in America increased prices because of all of the pandemic spending by the US Government and putting more money in people's hands. When Corporate America knew that people had more money to spend they just increased prices just for the hell of it.. Remember what Bernie Sanders stated Corporate America had the highest profits ever in the US history during the pandemic and after. At least %50 of inflation was from Corporate America.
@GoUSA2929
Ай бұрын
"Inflation is a good thing." President Joe Biden
@Guardian__Angel
Ай бұрын
Fareed got it totally wrong this time. He might be an expert in geopolitics but his lack of economic background shows. No, inflation is NOT APPRECIABLY affected by the tariffs of the Trump and Biden administrations. The main driver is monetary policy, instead.
@evolutionistheflyingspaghe2702
Ай бұрын
CNN: “We’re Card Carrying Democrats, and It Shows!”
@xiaoka
Ай бұрын
Cry harder, comrade.
@evolutionistheflyingspaghe2702
Ай бұрын
@@xiaokaYou know I’m from OHIO and a HONORABLY DISCHARGED ARMY NATIONAL VETERAN, right? Get back with me when you decide on your weekly “gender”!
@xiaoka
Ай бұрын
Not so honorable from the sound of it comrade. Let me guess, you support that guy who wears make up and high heels who fellates Putin?
@seanski77
Ай бұрын
@@evolutionistheflyingspaghe2702😂😂😂😂😂😂😂😂
@MatthiasHamilton
Ай бұрын
Yes both old geezers contributed to this mess... But neither one of them is doing anything about it or the price gouging thats going on with the supermarket chains and other products and services that are over-priced... It doesnt matter which one you vote for they both will just allow this to continue!
@porscheoscar
Ай бұрын
It costs a hell of a lot more to dig an economy out of a recession that can quickly escalate into a depression than the cost of inflation from an overly aggressive stimulus program. And that's just to end up back in the same place.
@jonelbondyingnuezca742
Ай бұрын
Only Biden not Trump
@josephcraig9655
Ай бұрын
Trump not Biden
@gacj2010
Ай бұрын
@@josephcraig9655 TRUMP ONLY FOR PRES
@wifiphone1032
Ай бұрын
@@josephcraig9655 reverse the order you have the names then it would be factual
@josephcraig9655
Ай бұрын
@@wifiphone1032truth be told, it is on both, but more on Trump since Biden is still having to deal with an ineffective Congress. I mean it's not like anything really went on 2016 to 2020 other than watching Trump try to sell America and his followers parading like it was golden.
@snapfinger1
Ай бұрын
Inflation is the byproduct of FED incompetence.
@jackson857
Ай бұрын
Fareed raises an interesting point. Here's another, big corporations are posting record profits. Perhaps inflation is being caused by greed.
@cynthiamarie2107
Ай бұрын
Inflation right now is the result of price gouging by the few large corporations that control all of the goods we buy and make billions in profits.
@Mypresident1986
Ай бұрын
Of course you have to tie Biden on Trump's heels
@randypratt2887
Ай бұрын
I'm so glad everyone isn't brain dead zombies 😂😂
@Apollo809
8 күн бұрын
Fareed Zakaria exposed his extreme ignorance of the causes of inflation. Congress passes spending bills, not presidents. Presidential administrations spend the money that by law Congress has allocated. Between January 2020 and June 2022, the Federal Reserve Bank increased the money supply by $6 trillion--a 41% increase--by just creating extra money! That and the spending bills is what created inflation. The tariffs were just a very small fraction of the total.
@cashaeleatemla
Ай бұрын
Those preferences can be expressed in the sign names chosen to refer to politicians: the sign for Biden's aviators is most often deployed by fans of the president, and the hair sign for Trump is most often used by his detractors. One name sign for Kamala Harris -- a movement that looks both like the letter “K” and the lotus flower -- was coined by a group of Black and South Asian deaf women as a way to honor the vice president's heritage. In an effort to be neutral, Abenchuchan said he usually just fingerspells politicians' names. According to political science professor Stern, there is almost no official research on the partisan leanings of the US deaf population. It's not even clear at what rate deaf Americans vote, he said, citing research showing that disabled people overall tend to engage less with the political system than the general population. To foster more political engagement on the Gallaudet campus, Stern -- the only deaf political science PhD in the country -- coaches a student debate team and runs programs aimed at registering deaf Americans to vote. Although offering captions alone is considered legally satisfactory, the Biden administration is the first to employ full-time ASL interpreters. Third-generation deaf signer Elsie Stecker, who presents White House briefings and presidential speeches in sign language, told AFP she seeks to "embody what the speaker is trying to do," both with a message's content and its tone.
@twesj
Ай бұрын
Tariffs are only a tax for the end user is the country who has levied the tariffs don't have homemade products that compete with what they've placed the tariffs on.
@mimisheean6648
Ай бұрын
Do you know anything at all about economics?
@gizroc
Ай бұрын
Trump lives rent free in CNn head
@harryfarber6435
Ай бұрын
The light bill is due
@badluck5647
Ай бұрын
He is running for president. Should he not be covered?
@fruitingfungi
Ай бұрын
If he would go away we would only talk about him once a year.....can you guess what day that would be?
@obijuan3004
Ай бұрын
Thank you Fareed.
@Arulane
Ай бұрын
Corporate greed. So shut up, Fareed. You know this is true.
@daryldarichuk2149
Ай бұрын
FJB and his few supporters
@Jeffthekiller-zo3dx
Ай бұрын
Please read this you know that vegan teacher
@jimathyjohnathy6996
Ай бұрын
u look like u just got here
@e4t662
Ай бұрын
Facts don't care about your emotions. Let's face it, they both suck. We need an executive sea change.
@ElleGen
Ай бұрын
What we need is for Americans, both conservatives and libs, to get the money out of politics and impose term limits. No politician is going to fix campaign financing. We have to do it.
@Maxrepfitgm
Ай бұрын
@@ElleGen That will never happen. Too busy worrying about culture wars instead of the true emerging threats to the majority of us which are economic and which both parties keep in place.
@gacj2010
Ай бұрын
Life was better under Trump .. but this media told you the opposite while they were crazy
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