Is it just this? It's gonna stop working lol, it already is

What is the US response to supply chain and job market collapse?

Are they just so fucking up their own ass they aren't seeing the issue? I do not understand

https://www.cnbc.com/2022/01/12/cpi-december-2021-.html

That's a 7% inflation lol. Thats across the board too, I'm sure certain markets are higher.

Food and housing are rising at 07-08 levels, but they're just shrugging at it

Like that ain't gonna work without some kind of interference from the fed. What the fuck is the response

    • Dingdangdog [he/him,comrade/them]
      ·
      3 years ago

      The concept of this is hard for me to keep in my head for some reason... because of old brain worms making me think economists, even capitalist ones, are rational actors in some fashion.

      I have to remember this whole thing is akin to a religion, bought into by the capitalists originally and passed down to their sons and daughters.

      If I look at them as, say, priests of the Catholic church it starts to make a bit more sense to me.

      They're following a doctrine and refusing to, less face eternal damnation (not making assloads of cash), look at the situation in any other way.