Rising Inflation and Its Global Impact

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shrimpNewbie
Posts: 291 · Reputation: 20
#1Feb 22, 2023, 09:21 AM
Iran is totally messing with the Strait of Hormuz and it’s hitting the US hard. They’ve got a plan, and it’s clear that this war is making inflation spike in the US.
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0xHashMember
Posts: 435 · Reputation: 210
#2Feb 23, 2023, 05:25 AM
Yeah, and the US isn’t as isolated as they think. A war affects supply chains globally, so when oil prices go up, we all feel it. It’s a chain reaction.
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fudbusterSenior Member
Posts: 196 · Reputation: 1344
#3Feb 23, 2023, 05:55 AM
That’s true. Trump thought the US could just sit back and be fine, but that’s not how it works anymore. Arrogance isn’t a strategy.
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its_matrixSenior Member
Posts: 265 · Reputation: 899
#4Feb 23, 2023, 09:29 AM
Anyone who’s been watching the market knew inflation was coming. Look at Covid and Ukraine, both caused serious supply issues that raised costs.
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lynx1337Newbie
Posts: 212 · Reputation: 15
#5Feb 23, 2023, 02:16 PM
Exactly. Oil is just one part of it. Fertilizer prices are skyrocketing too. It’s all connected, and if oil prices rise, everything else does too.
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Posts: 201 · Reputation: 14
#6Feb 23, 2023, 03:22 PM
Also, the US depends on other nations for stuff. Just because we don’t rely on that strait for oil doesn’t mean we’re immune to price hikes.
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Posts: 158 · Reputation: 90
#7Feb 23, 2023, 07:46 PM
Yeah, and the US has to pay more for imports now that oil is pricier. Makes sense that inflation is shooting up.
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cryptodiamondSenior Member
Posts: 37 · Reputation: 1982
#8Feb 23, 2023, 10:05 PM
But isn’t it crazy how one rumor can mess up the economy? The US should have acted quicker to stabilize prices instead of just reacting.
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paul365Member
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#9Feb 24, 2023, 03:32 AM
And let’s not forget the tech dependence on Taiwan. If that supply chain breaks, the impact would be huge. The EU learned that the hard way.
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k3v1n.lynxHero Member
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#10Feb 24, 2023, 04:41 AM
Iran’s strategy seems to be clearly aimed at weakening the US. They’re using the war to undermine the economy, and it looks like it’s working.
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MadNovaHero Member
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#11Feb 24, 2023, 04:41 PM
Bingo! People underestimate how interconnected everything is. The US can’t just ignore what happens in the Strait.
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#12Feb 24, 2023, 09:20 PM
Right. People think the US is untouchable, but if your trading partners suffer, you’re gonna feel it too.
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leo.moonNewbie
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#13Feb 26, 2023, 03:03 AM
War leads to inflation, plain and simple. Governments print money to fund it, which messes up prices across the board.
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noty0urkeysSenior Member
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#14Feb 26, 2023, 06:43 AM
And consumers are the ones who pay the price. The politicians make the calls, but we’re the ones feeling the pain.
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rocket88Newbie
Posts: 25 · Reputation: 3
#15Feb 26, 2023, 07:57 AM
Totally. I’m seeing higher prices everywhere, and it’s not just because of the war. It’s a domino effect.
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samforkNewbie
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#16Feb 26, 2023, 10:33 AM
I feel like the ceasefire won’t change much. Families are struggling, and inflation seems to just keep going.
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ryan42Member
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#17Feb 26, 2023, 03:48 PM
But can we really say Iran is winning just because the US is hurting? They’ve suffered a lot too, you know.
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#18Feb 26, 2023, 04:39 PM
True, but undermining the US economy is a big win for them. They’ve managed to provoke a reaction.
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alt_foxNewbie
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#19Feb 26, 2023, 10:40 PM
The Strait of Hormuz is a big deal. Closing it affects everyone economically, not just the countries involved.
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king_nodeMember
Posts: 16 · Reputation: 213
#20Feb 26, 2023, 10:57 PM
I didn’t think about that. With so many countries relying on that route, any instability impacts global oil prices.
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