Inflation dropped from 1980 to 2020:
In 1975 Newsweek predicted a new ice age:
Our country's highest rates of inflation before Biden were during that same cool period, yet now they are blaming it on warm temperatures?
Posted on 03/30/2024 9:26:09 AM PDT by citizen
Liberals are touting a new study linking climate change and inflation, but economists say that the real causes are more likely to be massive government interventions in the economy purporting to save the climate.
Climate activists, including Climate Power — which is spending $80 million to support President Joe Biden in 2024 — have touted the study’s findings, while outlets including The Associated Press, ABC News, Axios, The Los Angeles Times and The Hill have also pushed the study since its release. Democrats on the Senate Budget Committee also promoted the study on X, formerly Twitter, stating thats its findings demonstrate another way “that climate change is raising costs for families and threatening our entire economy.”
These guys will do anything to sidestep the responsibility for inflation and push climate change.
(Excerpt) Read more at wattsupwiththat.com ...
“We find a rich response of inflation in different price aggregates to fluctuations in a variety of weather conditions. The strongest and most consistent signal arises from fluctuations in average monthly temperatures,” the study states. “Although larger in food prices, these impacts also translate into considerable effects on headline inflation. We find limited evidence for impacts on other price sub-components asides from weak evidence in the electricity sector.”
[the real reason...]
The U.S. money supply, or the total amount of money circulating in an economy, as of January 2024 reflected an increase of nearly $5 trillion relative to January 2020, just before the pandemic occurred, according to data from the Federal Reserve Bank of St. Louis. Inflation has been a persistent problem for the Biden administration and the American economy since 2021, with the consumer price index (CPI) increasing by 18.5% since President Joe Biden took office.
Libs come up with some preposterous theories on a daily basis, but this one is near the top of the list.
Wasting money to fight "climate change" is raising costs for families.
It works for them, though. I have a cousin who buys every global warming climate change thing that comes along. He points back to when, as a child in the 70s, he saw more cold and snow. I tell him that, even at our age, we’re not old enough to have experienced the climate cycles over a period of time such as since the Civil War or since Maunder.
Bkmk
British reporter trying to shame president of guyana Snidely says”
“But let’s think of it in practical terms. That means, according to many experts, that more than two billion tons of carbon emissions will come from your seabed from those reserves and be released into the atmosphere. I don’t know if you as a head of state went to…”
the president responds:
“Let me stop you right there. Do you know that Guyana has a forest, forever, that is the size of England and Scotland combined? If forest stores 19.5 gigatons of carbon, a forests that we have kept alive…”
reporter interrupted Ali and said:
But does that give you the right to release all of this carbon?
President responded:
“Does that give you the right to lecture us on climate change? I am going to lecture YOU on climate change! Because we have kept this forest alive that stores 19.5 gigatons of carbon, that you enjoy, that the world enjoys, that you don’t pay us for, that you don’t value, that you don’t see a value in, that the people of Guyana has kept alive. Guess what? We have the lowest deforestation rate in the world. And guess what? Even with our greatest exploration of the oil and gas reserves we have now, we will still be net zero. Guyana will still be net zero. With all our exploration….”
Joe Biden is definitely a link between Inflation and “Climate Change.”
I’m going to have to steal that!
That’s a great, informative respose to that British “reporter.”
There are few actual reporters left, most have giddily morphed into political apparatchiks pushing their agendas to save the planet & crush the opposition while sneering at decent people they don’t like.
Agreed. And how arrogant they are about their ignorance too, which they mistake for “great knowledge”. They smugly snide and sneer at anyone who doubts their proclamations, yet even school kids can take a 1/2 day or so and find out for thrmselves what a colossal lie “man-caused” climate change is. Doesn’t take long to discover that our co2 amounts to just a tiny tiny fraction of the atmosphere, and learn that there is nowhere near enough to cause even local heating in the areas with “the most” co2, much less global heating
But the left sure have been successful perpetuating the lie
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