It seems like the free market is set to bless us with yet another "once in a lifetime" economic crisis, and the working class will get the short end of the stick yet again. What are some tips or advice to not get hit too hard by this? I've heard having all your debt paid off helps but aside from that what are some practical things we can do that aren't just buying 3 years of canned beans and fucking off to a cabin in the woods? Any advice for what the low income and working class can do would be greatly appreciated

  • halfpipe [they/them]
    ·
    4 years ago

    Quantitative easing went insane , 25% of all circulating USD was printed in the past twelve months just to prop up the stock market. And they can't exactly print 9+ trillion dollars worth of USD, so almost of all of that was just numbers punched into a computer.

    • FeverDream [comrade/them]
      ·
      4 years ago

      25% of all circulating USD was printed in the past twelve months just to prop up the stock market.

      Wow! We have generated so much wealth this year.

      :comfy: