Topic: Inflation isn't caused by corporate greed.
Anonymous A started this discussion 1 year ago #119,914
Corporations have always been greedy.
Is it a coincidence inflation occured at the same time the government made a lot of money? 🤔
Is it a coincidence inflation occured at the same time the government made a lot of money? 🤔
Anonymous B joined in and replied with this 1 year ago, 57 minutes later[^] [v] #1,313,381
It turns out that when your money isn't actually based on anything, and you keep making more and more of it, it becomes worth less over time.
PS banks are the worst. They just invent money out of nothing on a computer.
PS banks are the worst. They just invent money out of nothing on a computer.
Anonymous A (OP) replied with this 1 year ago, 35 minutes later, 1 hour after the original post[^] [v] #1,313,399
USD money supplyJust a coincidence corporations got greedy suddenly when it went vertical.
Anonymous B replied with this 1 year ago, 1 minute later, 1 hour after the original post[^] [v] #1,313,400
Anonymous A (OP) replied with this 1 year ago, 1 minute later, 1 hour after the original post[^] [v] #1,313,401
@previous (B)
No, that's my point. Corporations didn't change.
2020 is when they quintupled the money supply, and that's the same point inflation took off.
No, that's my point. Corporations didn't change.
2020 is when they quintupled the money supply, and that's the same point inflation took off.
Chuffed !m8sJfgzmLE joined in and replied with this 1 year ago, 40 minutes later, 2 hours after the original post[^] [v] #1,313,402
Shows why it's important to be plugged into the system on all fronts (diversify). Anyone heavily invested in cash got hosed (retirees on fixed incomes... annuities or low interest cash investments come to mind). But anyone in the market, or job market with pay raises, or paying off debt from years ago got a boost the past few years.
(Edited 1 minute later.)
Anonymous B replied with this 1 year ago, 1 minute later, 2 hours after the original post[^] [v] #1,313,403
Anonymous A (OP) replied with this 1 year ago, 49 minutes later, 3 hours after the original post[^] [v] #1,313,410
@1,313,402 (Chuffed !m8sJfgzmLE)
Diversifying mitigates some of it, but inflation lowers market price of wages and there's no way around that.
@previous (B)
That's obviously not what I'm saying. Since you agreed before and now you're disagreeing I guess you're just a troll. Fun, thanks.
Diversifying mitigates some of it, but inflation lowers market price of wages and there's no way around that.
@previous (B)
That's obviously not what I'm saying. Since you agreed before and now you're disagreeing I guess you're just a troll. Fun, thanks.
Anonymous D joined in and replied with this 1 year ago, 1 day later, 1 day after the original post[^] [v] #1,313,662
@1,313,401 (A)
So it seems like the effect of the trump era policies really paid off for corporations during the next few years
So it seems like the effect of the trump era policies really paid off for corporations during the next few years
Anonymous D double-posted this 1 year ago, 1 minute later, 1 day after the original post[^] [v] #1,313,663
@1,313,399 (A)
And does it look like the rise after 2000 could be a response from policies during good old George dubya?
And does it look like the rise after 2000 could be a response from policies during good old George dubya?
Anonymous B replied with this 1 year ago, 4 hours later, 1 day after the original post[^] [v] #1,313,703
@1,313,410 (A)
I'm just confused what your point is. Why are you saying that corporations "suddenly got greedy" in 2020, and what does that even mean?
I'm just confused what your point is. Why are you saying that corporations "suddenly got greedy" in 2020, and what does that even mean?
Anonymous A (OP) replied with this 1 year ago, 17 hours later, 2 days after the original post[^] [v] #1,313,774
Anonymous D replied with this 1 year ago, 4 hours later, 2 days after the original post[^] [v] #1,313,831
Weird how I pointed out something rational, and it gets no response.