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A policy decided on through a collusion between government and the private central banks, which benefits both of them and steals from the population through the
by npoc 3y ago
A policy decided on through a collusion between government and the private central banks, which benefits both of them and steals from the population through the Cantillon effect and the stealth real wage reduction.
Workers are getting pay cuts while thinking they are getting pay rises, and they then blame the shops who have to ask for increasing numbers of the the devaluing units of currency in exchange for the same item.