This is such concentrated horse shit. Worker wages can’t drive inflation unless you have a situation of labor activism that cuts into profits enough to cause a capital strike, conditions which dont apply here. Spending is hard capped at how much a worker can demand and will eventually equilibriate once prices rise to drive that demand down, you only have so much money. Pure stupid.
:grillman: “All the signs of our failings are not actually our failings. It’s the kids who did this, not the politicians and elites which are almost completely comprised of our generation.”
:malcolm-checks: If you’re not careful, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppressing
I buy food, pay rent, buy booze weed and smoked and sometimes a movie or game. So spoiled.
Ah, a fellow food connoisseur! Unfortunately, I may have to give up the hobby with the current economic circumstances…
they say this while every day i read in FT how fervently the wall street freaks are pinning their hopes on interest rate cuts before year’s end
