No link, I'm a lib

  • iridaniotter [she/her]
    ·
    1 year ago

    I grow tired. This was debunked by Ricardo in 1817 and again by Marx in 1865. How wonderful it is to live in a world where everyone believes the economic equivalent of miasma theory.

      • SuperZutsuki [they/them]
        ·
        1 year ago

        Wasn't the US at like 2% inflation and 3% unemployment until the Fed decided to go scorched earth on the working class by raising rates lmao?

      • adultswim_antifa [he/him]
        ·
        1 year ago

        Look at my funny graph using the actual data instead of just drawing a line https://fred.stlouisfed.org/graph/?g=19jUt

        Sometimes unemployment and inflation go in opposite directions and sometimes they go in the same direction.

        This is what it happened to do in the 60s when economists decided the Phillips curve exists. https://fred.stlouisfed.org/graph/?g=19jUB