4 ms·
I'm not sure what you think inflation is, but it is just the prices of certain key items going up: food, housing, transportation are the main ones. Corporation
by leshow 4y ago
I'm not sure what you think inflation is, but it is just the prices of certain key items going up: food, housing, transportation are the main ones.
Corporations decide to set their prices higher, and you have a price inflation. We know that this is not merely a function of their inputs going up because many companies have been pulling in record profits during this time period. Nobody needs to meet in a smoke filled room for this to happen.
> And yet STEM graduates were getting $200K+ for their first jobs. How is that collusion working out?
You're being distracted with a nickel while your pockets are being emptied. It's all relative. Look at the cash big tech firms have in the bank. Google used 60B dollars to inflate their stock price this year with stock buybacks at the same time they laid of 6% of their workforce.