I'm not asking if inflation currently exists - it definitely does - but I'm more curious to know if it actually is a big deal? Is it just a transitory thing or are there actual warning signs for larger issues?
Someone who is good at economics please explain
As a dude from Argentina, you get used to, especially to not save money. The problem is when inflation is way higher than salary increases
minimium wage haven't gone up in the US in like 40+ years lol
Yeah well, for the salaries to increase, despite the constant inflation being a given, we have massive strikes of any area you can imagine all the time, even in good years.
So yeah, inflation in the US seems like dark times for workers given the almost non-existence of unions. But good time for organizing and radicalization :meow-shining:
I honestly have no hope, the security state here is too strong and most people really don't seem to care or be bothered by any of this. There's just a pervasive sense that you can't do anything about it.
The healthcare system here alone is enough cause to overthrow the government but no one gives a shit about that lol
Inflation also bothers the mythical "Middle Class" (actually petit bourgeois, rich people who are safe from healthcare bankruptcy or homelessness) and even higher rich people too; (of course its not life-threatening for them) so that's why you hear news about it.