JD Vance stated that the United States saw the highest inflation in 50 years in 2022.
Posted by The MeidasTouch Podcast, Checked
- Sources
- 3 support1 context
- Said
- 1 time·
- Confidence
- 30%
The MeidasTouch PodcastOct 27, 2026
Multiple sources confirm Vance said at the Belgrade, MT rally that the Biden-era inflation was "the highest inflation that we saw in 50 years in our country," but the claim's added timing ("in 2022") does not appear in that statement.
Our two reads of who says this, and how, disagree, so it counts as the post's own claim.
What was said
… We all know that, right? He's talking about Trump. Also, he is admitting that in 2022, one of the reasons that gas prices were high was because Putin invaded Ukraine. But he's also saying over there and so just watch what he says here. Let's play this: "Highest inflation that we saw in 50 years in our country, and I understand that. I agree with it. But remember in 2022, let's just talk about gas prices. Remember in 2022 when Russia invaded Ukraine and gas prices skyrocketed? They skyrocketed, by the way, far higher then than they are today. They skyrocketed in 1979. …
The MeidasTouch Podcast · · from the transcriptPost →What we found
Supports. Mediaite, Independent, and the Economic Times transcript all quote Vance saying the 'highest inflation that we saw in 50 years in our country' at the Belgrade, Montana rally.[2][3][4]
Context. In the quoted remarks, 'Remember in 2022' introduces the Russia-Ukraine gas price example, not the inflation remark, so the claim's tying of the 50-year inflation statement to 2022 is not what Vance said.[2][3][4]
Context. PolitiFact's 2024 coverage discusses the 2022 peak inflation drivers, but it does not address Vance's 50-year inflation remark, so it neither confirms nor refutes the claim's framing.[1]
Sources
4 sources: 1 fact-checker, 3 not rated
- 1VP debate fact-check: What JD Vance and Tim Walz got right ...politifact.com · fact-checker · cited for: context
- 2JD Vance Riffs On High Gas Prices When Dictators Go to Warmediaite.com · not rated · cited for: supports, context
- 3'Tin-pot dictator decides...': JD Vance links Russia-Ukraine war to explain high gas pricesyoutube.com · not rated · cited for: supports, context
- 4JD Vance’s ‘tinpot dictator’ excuse for gas prices backfires spectacularly onlineindependent.co.uk · not rated · cited for: supports, context
Where this claim was made
Said in 1 published post
Related claims
- The United States reached 40-year highs in inflation during the Biden administration.Can’t tell
- Joe Biden caused the highest inflation in history.False
- Inflation hit 9.1% under the Democratic administration.True
- The economy inherited from the last administration had 40-year high inflation.False
- The current inflation rate is 3.4% under the Republican administration.False