FuckyWucky [none/use name] to chapotraphouse • 7 days agoThe Fed’s “Chicken Run”: Why Sticking with High Rates Will Crash the Economyexternal-linkmessage-square5 fedilinkarrow-up132
arrow-up132external-linkThe Fed’s “Chicken Run”: Why Sticking with High Rates Will Crash the EconomyFuckyWucky [none/use name] to chapotraphouse • 7 days agomessage-square5 Commentsfedilink
minus-squarebuckykat [none/use name]hexbear17·7 days ago Many observers blame the ‘sticky’ services inflation on nominal wages, which are rising as workers strive to catch up with inflation. the inflation is caused by people trying to catch up with the inflation? link
minus-squareCyborgMarx [any, any]hexbear11·7 days agoIt's always the workers fault, not the actual price setters link
minus-squarebuckykat [none/use name]hexbear7·7 days agoOh sure, that's table stakes for capitalist economics opinions. What got me is the sheer concentrated circularity of that sentence. link
the inflation is caused by people trying to catch up with the inflation?
It's always the workers fault, not the actual price setters
Oh sure, that's table stakes for capitalist economics opinions. What got me is the sheer concentrated circularity of that sentence.