People hate inflation, just not enough to spend less
That's not how inflation works you massive retard. I like to think even if we all disagree on how to solve the problem we're smart enough on this site to know currency supply and monetary policy effects prices. We're not retard leftists who just blame capitalism or claim it's rich people being greedy who need to be taxed more.
More recently, prices have been driven up, if more slowly, by the strong labor market. The unemployment rate is as low as it ever gets and has been for some time, with labor shortages in a number of sectors: air-traffic control, education, retail, trucking, police and public safety, nursing, plumbing, and electric. The tight labor market has forced employers to pay workers more,
Yeah this tells you this journalist is both a propagandist and lives in fantasy land.
People want to blame Joe Biden for their bills.
Oh there it is, that's what this article is about.
More recently, prices have been driven up, if more slowly, by the strong labor market.
Literally carrying water for the 1%.
The vast majority of recent inflation occurred before any wage increases, so it is literally impossible for the latter to have caused the former.
The obvious truth is that recent inflation was driven almost entirely by two factors:
printing money for pandemic relief, massively increasing the money supply, which is only possible with fiat currency
green new deal policies massively increasing energy costs, which increases all production and distribution costs
Labor costs have risen in response to inflation and costs as workers realize they deserve more money in a market that has seen both a 30% increase in total monetary supply as well as a corresponding increase in prices.
The elites are desperate to obscure the true catalysts for inflation because:
the 1% don’t want the plebs to realize that their savings can be indirectly stolen and redistributed - mostly back to the 1% - via the creation of fiat currency
the green new deal, alongside muh climate change, is a scam designed to siphon off what little wealth remains in the hands of the middle class
If rising wages were actually responsible for inflation, then raising rates would quickly solve the problem. It isn’t working because the actual causes of inflation are being systematically denied by the ones who perpetrated it.
Reminder: inflation, as measured and reported by our governments, is a fraudulent and manipulative metric designed to mislead the public. It doesn’t matter how cheap televisions become if no one can afford rent or food.
That's not how inflation works you massive retard. I like to think even if we all disagree on how to solve the problem we're smart enough on this site to know currency supply and monetary policy effects prices. We're not retard leftists who just blame capitalism or claim it's rich people being greedy who need to be taxed more.
Yeah this tells you this journalist is both a propagandist and lives in fantasy land.
Oh there it is, that's what this article is about.
Literally carrying water for the 1%.
The vast majority of recent inflation occurred before any wage increases, so it is literally impossible for the latter to have caused the former.
The obvious truth is that recent inflation was driven almost entirely by two factors:
printing money for pandemic relief, massively increasing the money supply, which is only possible with fiat currency
green new deal policies massively increasing energy costs, which increases all production and distribution costs
Labor costs have risen in response to inflation and costs as workers realize they deserve more money in a market that has seen both a 30% increase in total monetary supply as well as a corresponding increase in prices.
The elites are desperate to obscure the true catalysts for inflation because:
the 1% don’t want the plebs to realize that their savings can be indirectly stolen and redistributed - mostly back to the 1% - via the creation of fiat currency
the green new deal, alongside muh climate change, is a scam designed to siphon off what little wealth remains in the hands of the middle class
If rising wages were actually responsible for inflation, then raising rates would quickly solve the problem. It isn’t working because the actual causes of inflation are being systematically denied by the ones who perpetrated it.
Reminder: inflation, as measured and reported by our governments, is a fraudulent and manipulative metric designed to mislead the public. It doesn’t matter how cheap televisions become if no one can afford rent or food.
Don't forget the billions for munitions used in the Ukraine and Israel Wars.