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No one thinks their bluffing, the market WANTS this, it depresses wages bringing costs down. Corporate profits are responsible for at least half of inflation, a
by burnte 4y ago
No one thinks their bluffing, the market WANTS this, it depresses wages bringing costs down. Corporate profits are responsible for at least half of inflation, and wage growth is a good chunk of the other half. Profits are good reasons to raise prices, but wages isn't, and the market wants to put workers back in their place. They WANT a short recession.