Is this true? Serious answers only pls
Is this true? Serious answers only pls
Henry Smith
Other urls found in this thread:
Carson Ward
This guy needs to take off his Democratic Reality Distortion goggles for a moment and realize that wage inflation isn’t what causes inflation but it is what causes it to become entrenched.
Isaiah Perez
He's wrong about everything, but raising rates will do more harm than good.
Andrew Wood
In the USA, prices are increasing because the money supply has increased so much. They don't have the excuse of Russian gas. There's the same amount of goods for sale, and far more dollars chasing them, so prices increase.
Jayden Ortiz
he's a retarded keynesian, what do you expect?
Mason Lewis
Holy fuck this dude is an economist. The corporations are making more money on paper because it's worth less. How is it that no one in charge seems to understand what inflation even is?
WOW LIGHTYEAR MADE MORE MONEY THAN GONE WITH THE WIND. THAT MEANS ITS A BETTER MOVIE RIGHT?
Thomas Long
inflation has always, ALWAYS, been a monetary phenomenon
Thomas Parker
>short liberal
Never trust short liberals
Josiah Nguyen
>WOW LIGHTYEAR MADE MORE MONEY THAN GONE WITH THE WIND. THAT MEANS ITS A BETTER MOVIE RIGHT?
I got my numbers wrong its actually only halfway there. Haha wow that movie is a flop
Brayden Brooks
There’s an election this fall, and he’s shilling hard for the Democrats. Can anyone find his tweets condemning Trump for not wanting to raise rates years ago, or did he delete them?
Jayden Lewis
profit margins as a % are trending up. he's right. cope and seethe, jewish cocksuckers.
Tyler Fisher
the level of profiteering going on at the moment is completely outrageous, he is completely ignoring the effect of brrrr and all the money disappearing into the system while people got whatever hush money their government to keep them quiet during the meme flu. We're being told that there's "supply side constraints" yet all businesses are operating at full capacity, including employment.
The level of kveching in europe from energy companies begging governments to fill the gap so people don't freeze this winter while also posting the largest profits in history and largest dividends in history is outstanding. To claim that any clampdown or windfall tax on profits will reduce investment and innovation while also syphoning profits to the shareholders is straight out of the 6 star playbook.
If you think this is left v right, congrats you've completely been taken by globocorpohomo rhetoric. Inflation is 100% governments making a bridge out of money to get them on the other side of a bullshit virus followed by companies using every excuse under the sun to increase prices.
Christopher Powell
He's probably right about wage growth lagging behind inflation meaning the fed's explanation is bullshit, and he is definitely right about corporations hiking prices to maximize profits. Even mom and pop restaurants where I live are hiking their prices for no good reason at this point, they are just doing it because they can. That being said, monopoly money is probably what set this whole thing off in the first place and interest rates (at least in leafland) need to keep rising, especially since our house prices are at clownworld levels.
Isaiah Nelson
Yes. The rightists scrambling to lick the corporate boot in thread should be a pretty clear indication
Connor Lopez
no. he is confusing inflation with prices. inflation already happened its when the fed printed money. slowly the value of the dollar lowers so prices go up to compensate. who ever uses that printed money to buy something benefits the most from inflation since they are basically getting free shit, the last person to use that printed money is having they wealth leeched from them. wages are always the last things to rise to meet inflation so wagies are always getting screwed. business are probably in the middle neither benefitting or losing.
Lucas Brooks
>Even mom and pop restaurants where I live are hiking their prices for no good reason at this point, they are just doing it because they can
They have to. If things are even in stock, they're paying more for it every week. Margins are already razor-thin and they don't get volume discounts. Ordering from distributors is more expensive than just going to the grocery store, and nearly double the price than going to costco.
Angel Rodriguez
just wait till most of these company’s job positions are automated. no payroll taxes or monthly expense (other than depreciation)
Wyatt Collins
Companies are using inflation articles in the Media as an excuse to raise prices.
Bentley Martinez
Doesn't this guy have a lot of posts about how much he hates Trump? His Early Life section is also pretty interesting. Polish and Ukrainian huh.
Brody Miller
>Inflation is being driven by wage increases
Is there actually a human out there with the balls to make such a false and rediculous statement?
Leo Myers
>why don't middle aged white people who remember toy stories from the mid-90s want to take their 12 year old white son to a movie that basically says "you were replaced before you were born, chud"
Biggest mystery in the world right now.
Tyler Roberts
Not wrong.
Pic related.
Companies are reaaaallly rolling the dice with this shit because they think people will continue to pay stupid prices for everything..
Bentley Johnson
Fucking this.
The only way to bring it under control I.e. the bullshit is to fucking jack rates so that businesses need to compete again and the low hanging fruit can rot away never to be seen again (except in low rate environments where even girls who fart in jars and sell them can make thousands(.
Kayden Wright
well there actually is some truth since the planned demolition of small business also allow big business to charge what ever they want due to lack of compitition
Adam Gutierrez
The eternal keynsian won't stop until civilization is destroyed
Nolan Torres
Venezuelan companies also had the biggest gains as the country collapsed.
Gains always go up with accelerating inflation but so do costs