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That's just inflation, which is primarily controlled by the government via the money supply. It doesn't mean anything. What does mean something is the severe de
by tardedmeme 5mo ago
That's just inflation, which is primarily controlled by the government via the money supply. It doesn't mean anything. What does mean something is the severe deflation in wages and consumer goods - why is all the money printing remaining in the rich person's realm instead of trickling down?
- Muromec 5mo agoPeasants aren't picking up enough shit after the rich to distill traces of gold from it, that's why
- dmoy 5mo agoInflation is not up 4x in the last 10 years...
- tardedmeme 5mo agoDepends what you measure. I already said it hasn't been affecting wages or consumer goods and that's weird.
- dmoy 5mo agoVery, very few things even in isolation have inflated 4x in the last 10 years. But as for this > why is all the money printing remaining in the rich person's realm instead of trickling down? Always has been, it's kinda one of the defining features of capitalism
- tardedmeme 5mo ago> Very, very few things even in isolation have inflated 4x in the last 10 years. The assets in the S&P 500 have, that's what was brought up.
- dmoy 5mo agoRight, but that's a separate thing from inflation, so I don't think you can describe it as "that's just inflation".
- tardedmeme 5mo agoPrices going higher is the definition of inflation.
- dmoy 5mo agoPrices of stocks going higher is not the definition of inflation, no.