Accelerating inflation caused by excessive government spending that increased the amount of money in the economy combined with measures taken by the Biden administration that sidelined workers and impacted the production of goods and services. This miss-match of too much money chasing to few goods created the pressures for large increase in prices. Add to that the Biden adminstration's energy policy that disincentivised energy investment in all areas except a few niche sources like wind and solar coupled with sanctions that, while attempting to hurt Russian oil profits, actually increased costs for Americans and profits for Russian oil companies. The past four recessions have been preceded by sharp hikes in energy prices and the 2022 peak of oil at $120 a barrel confirms that costs for all Americans will continue to rise leaving the centralized government minimal tools to combat, namely to increase interest rates which will increase unemployment.

Americans could pay high gas prices for as long as it takes to drive Russia out of Ukraine while suffering a bidecession

bidecession by New yourk times July 2, 2022

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Bicester

Small, yet growing town in North Oxfordshire, England.
Largely populated by teenagers, often seen on the streets because there is NOTHING for them to do around town. Usually end up getting the bus in to Oxford, or at least trying to, because it's either just driven off, or not turned up yet.
Not as bad as it sounds on the drink/drugs side, some parts are actually pretty nice. If you have no wish to do anything or go anywhere. A nice place to retire I guess... >.<

(Teenagers):
"Hey dude, going to Bicester?"
"Nah, nothing to do."

(Older Generation):
"Visiting Bicester today are we?"
"Yes, lovely place there! There's a nice restaurant in Bicester Village, thought I might try it out!

Bicester by aVERYboredTEEN. March 16, 2011

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Bicester

A town in Oxfordshire, England, where there are far too many teenagers and kids, and no entertainment facilities or shopping centres or ANYTHING.

Everybody says Bicester people have a drug problem.
I guess that's true.
Also an alcohol problem...
...Erm, that's true too.
...And a violence problem..

Basically, the town's full of chavs. Everybody who lives there hates it, except for the teenagers who only like it because there's so many of them. I'm actually part of that group, though, so I'm not complaining.

Most people who live in Bicester spend all their time in Oxford.

Dude, lets go to Bicester! Oh wait, there's fuck all to do there, and we wont be able to get back out cause the trains and the buses run so infrequently.

Everybody in Bicester looks high. They probably are.

WOOT WOOT FOR THE BICESTER MASSIVE!

Bicester by yourmumisinmybed. November 28, 2009

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