4 ms·
This year both inflation and unemployment are going up, so it’s only getting worse.
by pavlov 1y ago
This year both inflation and unemployment are going up, so it’s only getting worse.
- deepsun 1y agoAnd debt is going up as well.
- estearum 1y agoOn the plus side so is energy costs
- themafia 1y agoWhich would all be fine if wages were being adjusted at the same rate inflation is. The American worker class and the ownership class drift further and further apart.
- msandford 1y agoI can't wrap my head around anyone being happy about this who isn't extremely rich. Would love to understand.
- deleted 1y ago[deleted]
- teachrdan 1y agoI believe that comment was meant to be sarcastic.
- throwawaymaths 1y agoopec just announced production hikes
- tzs 1y agoAt least /r/leopardsatemyface has plenty of material.
- taneq 1y agoAt this stage you might be concerned that everyone's just having too much of a good time, but rest assured, they aren't.
- nickthegreek 1y agoi got bad news about health insurance costs…
- esseph 1y agoI'm hearing higher than 25%+ all-in...
- newfriend 1y agoInflation is lower than it was at the beginning of the year. Which means inflation is actually going down this year.
- toasterlovin 1y agoTariffs are just starting to work their way inoto consumer prices now.
- chrisco255 1y agoTariffs are deflationary, actually. They are a form of taxation and act to inhibit demand. Anyways inflation is actually declining and is well below 2022 levels. https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category-line-chart.htm https://www.bls.gov/charts/consumer-price-index/consumer-pri...
- ceejayoz 1y ago> They are a form of taxation and act to inhibit demand. They also are a price increase. Whether that winds up being inflationary or deflationary depends on how much that price change impacts demand, which will likely vary from good to good.
- chrisco255 1y agoTariffs go from the economy to the U.S. treasury, who ultimately issues the currency. That is, it's removing funds from private bank accounts to the US government balance sheet, reducing the deficit and the money supply at the same time. Inflation is everywhere and always a monetary (or money supply) phenomenon. Reposting my original claim: Tariffs are deflationary, actually. They are a form of taxation and act to inhibit demand. Inflation is actually declining and is well below 2022 levels. https://www.bls.gov/charts/consumer-price-index/consumer-pri https://www.bls.gov/charts/consumer-price-index/consumer-pri...
- 1y ago
- zzzeek 1y ago[flagged]
- cyanydeez 1y agoIts obviously not dead until you kill reddit, timblr, etc.