3 ms·
It’s a system where relentless money printing cripples it by forcing that perspective. You need to gamble in order to keep your shirt, or you need to raise pric
by armatav 4y ago
It’s a system where relentless money printing cripples it by forcing that perspective. You need to gamble in order to keep your shirt, or you need to raise prices.
Simple solution is not to print money. Capitalism is not the problem.
- carlivar 4y agoI agree. As an exercise, consider who has more impact over your life: Joseph Biden or Jay Powell?
- svnpenn 4y agoI totally agree. Apple makes $300 billion in revenue a year, they are barely keeping their shirt!
- armatav 4y agoApple’s not a single dude working for $40 an hour into his broken savings account last time I checked. Downvote it all you want, money printing is the issue - not “capitalism”. Sound money eliminates this problem.
- JoBrad 4y agoRe-wording so it doesn’t sound like I’m trolling. Commodity and housing prices have had steep price increases well before central banks printed money excessively.
- armatav 4y agoNo, in cases where supply was not constrained, they absolutely did not.