By Ryan McMaken
The dollar has lost one-fifth of its value in just four years. This has been devastating for many savers and for those on fixed income.
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31 sats \ 3 replies \ @m00ninite 20 Mar
First it was just transitory, then it was putin's inflation, then it was "corporate greed". What's the next scape goat?
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21 sats \ 2 replies \ @Undisciplined OP 20 Mar
Sometime soon, if they don't get a handle on it, they're just going to redefine "target inflation" to be 3%. Then they can declare victory over high inflation.
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21 sats \ 0 replies \ @TomK fwd 21 Mar
And again the mainstream will cover this up and the parasites will be manipulating the stats and methods of calculating it. It's too easy for these people to reign
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21 sats \ 0 replies \ @m00ninite 20 Mar
Maybe even higher. They'll call 5 or 6% "healthy for the growth of the economy" or some shit
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21 sats \ 0 replies \ @TomK fwd 20 Mar
thank you for the sats and for familiarizing me with this article. however, the headline alone makes me blush with anger, as it is always the same predictable reaction of these keyensians and socialists when their expansive fiscal and monetary policy is reflected in the prices of goods. it is always the others, preferably the socially stigmatized group of entrepreneurs, who are blamed for their own failures and in this way continue as if nothing had happened. the only way to maintain power is through the consistency of the lies spread, which are penetrated by the mainstream until they become truth in the perception of the masses. The damage that this can cause to the general cohesion of a society is immeasurable, to the point that it corrodes the consensus of peace in a society.
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