10DEC23J
On my watch, we have achieved better growth and lower inflation than any other advanced country. A year ago, forecasters said it couldn't be done.
JoeBiden/status/1733887297647460584
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peter03102.com/TFiles/#10DEC2…
/N
Within the G7, a group of 7 of the world's largest advanced economies, Italy and Canada currently have lower inflation rates than the U.S. (Non-G7 member China is also lower.)
Lower costs is deflation (negative inflation)
- twitter.com/i/birdwatch/n/…
/N1
Biden Spins the Facts in Campaign Speech
- factcheck.org/2023/12/biden-…
/N2
OECD Data - Inflation (CPI)
-data.oecd.org/price/inflatio…
/N3
Trading Economics - China Inflation Rate
-tradingeconomics.com/china/inflatio…
/N4
Inflation, Disinflation and Deflation: What Do They All Mean?
-stlouisfed.org/open-vault/202…
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