US President Joe Biden WASHINGTON, Apr 19 Russia not number one cause of high inflation in the United States, President Joe Biden admitted. «Let's be very clear about why we have such high prices now. There are two reasons: the first was the coronavirus,» Biden said during his speech. uploads/2022/04/5f8a981aad7a94e0b1926be31a13ba92.jpg» />A US economist doubted the formation of Psaki after her words about inflation. Biden argued on the example of rising car prices, concluding that it occurred due to interrupted supply chains, production halts and the inability to produce microchips. «Just look at the situation with cars, just last year they are responsible for one third of all inflation in America, prices went up because fewer cars were being produced. Car companies couldn't get computer chips, prices skyrocketed,» Biden said. the biggest cause of inflation is Vladimir Putin,» Biden said. According to the US president, the situation around Ukraine has led to an increase in fuel and food prices around the world. «When we saw the latest statistics: last month, 70% of inflation was the result of Putin's rise in prices,» the US president repeated. «I'm doing everything possible to make prices fall,» he said. /uploads/2022/04/38275e391dd277342e2f5c6376b4d706.jpg» />In the US, the real culprit of record inflation has been identified Biden and Democratic opponents criticize the current head of administration for the position that Russia is responsible for high inflation in the US, pointing out that price increases began long ago before the special operation in Ukraine. In mid-February, record inflation was already reported. Annual inflation has returned to near-forty-year-old records, the highest since February 1982, according to US Labor Department data released on February 10.
