Inflation was why we had to have neoliberal hell where everything sucks but at least there's no inflation and now we live in neoliberal hell with inflation. Gee, musta been caused by that time the government gave poor people a little money 2 years ago :joker-troll:
"we can't raise your wages because there will be inflation" :liberalism:
inflation happens anyway
"wow good thing we didn't raise your wages" :liberalism:
The problem is people got all that covid money. Trust me, I'm from the Chicago school of Economics.
This one time limited government handout will still be an issue 15 years from now.
I heard canadian libs saying that shit last year, so yeah, somebody out there is promoting that shit.
I think he was gen x but yeah, turns out when you get your news from youtube because mainstream media can't be trusted, you get fed wild and baseless propaganda lmao. We need media literacy courses but I think we know why we don't have them :thinking-about-it:
WRONG
Fill your gas tank with plastic bags, they melt into the fuel and provide your engine with a lower cost, lower calorie power solution
Every chud take is amazingly baby brained. Yes the money that the magical economy (already) generated caused inflation because some of it was transferred back into the hands of poor people. It couldn't be an economy built on a house of cards predicated on just in time manufacturing and that well over a million people have suddenly been removed from this feeble process by either dying from COVID, being severely crippled by it, retiring, or jumping off the rat wheel.
Even by their own logic, exponentially more money was transferred to businesses from the fed, negating the effects of giving people their paltry relief money.
But yes it's the poor's falt getting some of their money back while companies contradictorily have record profits and have to jack up their prices because it takes 2 extra days to deliver treats or you have to wait 10 extra minutes for the servants to wait on you at the restaurant.
So are prices gonna rebound or are people gonna just get told to go into debt more
For prices to go down would mean a loss of profits, so no. Either wages adjust or shit gonna get weird...
Given the amount of "YOUR APPROVED... to apply" credit card junk mail increase in February I've gotten... I just do not know.
Serious question: I want to move to China as soon as they open their borders. At what point does this rapid inflation make it logical for me to buy and hold yuan? Have the yuan and other currencies been devastated by inflation like the USD? Or is it actually smart to own foreign currency now?
This is a real question, not a high concept Iraqi dinar bit
US Dollar hegemony is on the way out but it will take a few decades. I don't think it's wise just yet because there will almost certainly be wild currency wars between now and then. Invest at your own risk.
Are we going to count inflation in March or are we just going to blame it on the war?
The automobilerinos are fine so all is well! :grillman:
what's the use in buying a car if you can't buy gasoline :angery:
