Alternatively '1/2 of a unit to 1/3 of a unit' since that's actually happened because people can't do fractions and simply focus on the number increasing.
The same kind that led to the fight for 15. People think more is better, so making more is always better. Then inflation makes more less, so people once again demand more. People in America can’t tell you basic arithmetic of income value versus income total, but they can tell you how racist white people are.
"Why are the wealthiest .001% getting so much more wealth? Idk, anyways, lets make everyone pay out 15 per hour, from mom and pop shops to walmart wait why did the shop close down and not walmart"
There used to be a somewhat satirical argument, when people talked about raising the minimum wage, to suggesting "why stop there?" and raising the minimum wage to $30, $50, even $100.
That argument is no good anymore because they'd probably say yeah, it's a great idea, why not $100 / hr?
It's a "Let them eat cake" moronic argument. Dollars are just the yardstick by which we measure wealth and not wealth itself. Inflation is the symptom of the real problem: that supply has fallen relative to demand.
Is there even any real benefit to "incentivizing spending" by stealing people's savings via inflation or was that just a psyop to make people more accepting of the Fed?
It’s good in small doses, as in a saving economy industry suffers a bit from having the capital to make products but not the demand to back it up. However we’re way past that point and I’m slightly worried about hyperinflation. Not VERY, but it’s a possibility.
President Joe Biden has rejected this view. “A lot of companies have done extremely well in this crisis, and good for them,” he said in a speech in May.
“The simple fact is, though, corporate profits are the highest they’ve been in decades,” the President added. “Workers’ pay is at the lowest it’s been in 70 years.
Well, duh? You close everyone except the Walmarts, Targets, Amazons, etc. and then wonder why corporate profits are skyrocketing? Even Pikachu can't express the surprise Biden must be feeling now.
And still, some economists fear a too-rapid increase in wages could prompt companies to raise prices and create the very phenomenon of inflation, causing more harm than good.
President Joe Biden has rejected this view.
All they need is a disaster, either natural or manufactured. There's footage from Katrina of National Guard forcing people to abandon their homes and also confiscating firearms.
You're talking about exposure to the COVID spike protein. I can believe that it is toxic, but it's not so toxic that it would destroy every cell in your body, or else we'd already have seen it do that.
No they think they’re part of an elite clique because they are - they are children of multi-millionaires and will inherit those assets while benefiting in the meantime from the annual gifting of parents until death.
There will be a sliver of time, a couple days a week, where you're money will go further. Followed immediately by a prolonged period of time where its almost worthless
Historically speaking, the opposite of this statement is actually the argument. Meaning, inflation generally is not sustainable without wage growth. And, in the current economic environment, companies are not inclined to pay more. So, if anything, one could argue that after a general reversal to the mean, we will not have any sort of hyper inflation because wages will continue to stagnate.
What sort of moronic argument is this?
The chocolate ration has been increased from 30 grams to 20 grams. Cheer!
Bet if you worded it as 'increased from 1 ounce to 20 grams" they would agree with you.
Alternatively '1/2 of a unit to 1/3 of a unit' since that's actually happened because people can't do fractions and simply focus on the number increasing.
I believe that was what sunk A&W's attempt to compete with Mickey D's.
Ah yes, the inferior one-third pound burger. I wonder if some company could dominate the world with a 1/5th pounder.
Wonder how gullible the stoner market is for a 1/420 burger and hash browns 🤔
The same kind that led to the fight for 15. People think more is better, so making more is always better. Then inflation makes more less, so people once again demand more. People in America can’t tell you basic arithmetic of income value versus income total, but they can tell you how racist white people are.
"Why are the wealthiest .001% getting so much more wealth? Idk, anyways, lets make everyone pay out 15 per hour, from mom and pop shops to walmart wait why did the shop close down and not walmart"
There used to be a somewhat satirical argument, when people talked about raising the minimum wage, to suggesting "why stop there?" and raising the minimum wage to $30, $50, even $100.
That argument is no good anymore because they'd probably say yeah, it's a great idea, why not $100 / hr?
The kind that comes to give marching orders to the peons.
The kind that can only be made by someone who believes math is racist
It's a "Let them eat cake" moronic argument. Dollars are just the yardstick by which we measure wealth and not wealth itself. Inflation is the symptom of the real problem: that supply has fallen relative to demand.
The supply has artificially fallen relative to demand
Yay! I keep my lifestyle while my savings slowly deteriorate! Woo!
Is there even any real benefit to "incentivizing spending" by stealing people's savings via inflation or was that just a psyop to make people more accepting of the Fed?
It’s good in small doses, as in a saving economy industry suffers a bit from having the capital to make products but not the demand to back it up. However we’re way past that point and I’m slightly worried about hyperinflation. Not VERY, but it’s a possibility.
There are only two types of Marxists. Those stupid enough to not know better, and those evil enough to not care.
So they're either stupid, or else they know they're lying.
the grunts are kinda stupid or hopeful that they will be elevated. Anyone above the grunt level is evil and know exactly what they are doing.
This same statement is even more relevant now in relation to vaccine pushers.
How to lie with statistics 101: Pick a blatant and obvious outlier, and base your entire thesis off of it.
Misleading at best. Yes, big companies did extremely well, because the govt shut down everyone but them. But, about 40% of small businesses were forced to close for good due to the lockdowns
Well, duh? You close everyone except the Walmarts, Targets, Amazons, etc. and then wonder why corporate profits are skyrocketing? Even Pikachu can't express the surprise Biden must be feeling now.
The exact same people would be decrying the exact same corporate profits if the president were a republican.
Whew
They have to figure out a way to get everyone out of their homes.
Extermination squads
All they need is a disaster, either natural or manufactured. There's footage from Katrina of National Guard forcing people to abandon their homes and also confiscating firearms.
Forced to leave: https://www.youtube.com/watch?v=IwB0c0sftF0
Firearms Confiscation: https://www.youtube.com/watch?v=kf8trl69kzo
People talk like they won't do this, because they're too stupid to realize it's already happened.
Anyone vaccinated will die within two years once the cytotoxicity of the spike protein destroys every cell in their body.
So, the dilemma you speak of has already been solved.
If exposure to a finite amount of a piece of COVID could do infinite damage, COVID would have a 100% mortality rate.
I’m talking about exposure to the vaccine, not Covid.
You're talking about exposure to the COVID spike protein. I can believe that it is toxic, but it's not so toxic that it would destroy every cell in your body, or else we'd already have seen it do that.
What about people that don't have houses?
So that's why the communist multimillionaires don't consider themselves rich...
No they think they’re part of an elite clique because they are - they are children of multi-millionaires and will inherit those assets while benefiting in the meantime from the annual gifting of parents until death.
There will be a sliver of time, a couple days a week, where you're money will go further. Followed immediately by a prolonged period of time where its almost worthless
Bernie Sanders "Das a good thing!"
Historically speaking, the opposite of this statement is actually the argument. Meaning, inflation generally is not sustainable without wage growth. And, in the current economic environment, companies are not inclined to pay more. So, if anything, one could argue that after a general reversal to the mean, we will not have any sort of hyper inflation because wages will continue to stagnate.
They (government) want to inflate their way out of debt.