“Nothing can be done”, says country that didn’t do anything.
30 points
I don’t think that is why inflation happened. IMO most of inflation is just large corporations getting even larger during the pandemic and being able to raise prices. Most corporations have been reporting record profits, way above expectations.
https://twitter.com/as_a_worker/status/1448500582168338432
Inflation is absolutely being driven by real cost increases in shipping, directly as a consequence of international firms stiffing their workers and cutting their service to the bone, removing any slack in the system.
We are living through a heightening of the contradictions as the profit motive directly buts up against the physical capacity of the human body.
24 points
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