• 0 Posts
  • 15 Comments
Joined 3 months ago
cake
Cake day: February 16th, 2025

help-circle


  • turnip@lemm.eetomemes@lemmy.worldHonest mistake
    link
    fedilink
    English
    arrow-up
    3
    arrow-down
    1
    ·
    edit-2
    8 days ago

    Shrinkflation you say?

    Weird that the money supply can grow so fast, raising home values to ungodly levels, while we keep getting worse service; you cant even put an overhead bag or choose a seat on an airplane anymore, but nothing to see here inflation is only 2%.






  • turnip@lemm.eetoMemes@lemmy.mlJust one more reform bro
    link
    fedilink
    English
    arrow-up
    3
    arrow-down
    2
    ·
    edit-2
    12 days ago

    The briefcase of money turns into velocity of money, which turns into jobs, which turns into wage pressure, which turns into higher wages for the poor, so they can buy the product or service with their own greatest marginal utility; so in their eyes they view the briefcase of money as the optimal empathetic choice.

    Well, assuming the right in this case are Ron Paul right-leaning and not Trump right-leaning. In Trumps case he does just want the briefcase of money for himself.


  • turnip@lemm.eetomemes@lemmy.worldEvery kid's dream
    link
    fedilink
    English
    arrow-up
    15
    arrow-down
    2
    ·
    edit-2
    22 days ago

    We need low interest rates and skyrocketing asset prices so that people pay 2% more to buy this next year. Consumption must go up so that people have worthless jobs producing trash that our politicians call economic growth, as people applaud their stocks rising.





  • turnip@lemm.eetoMemes@lemmy.mlTrickflation
    link
    fedilink
    English
    arrow-up
    3
    arrow-down
    6
    ·
    edit-2
    2 months ago

    Weird what happens when 40% of the currency was printed in the last few years.

    Are we blaming the government who control interest rates, gamify the CPI to depress inflation, and who control the corresponding new money supply that drives up the price of basic goods?

    If housing, gold, and crypto are any indication people have far too much money than they know what to do with. You’d have to be a fool to not accumulate some cantillon effect for yourself when you’re government is throwing money away.



  • turnip@lemm.eetoLemmy Shitpost@lemmy.world🪨 Rock on 🪨
    link
    fedilink
    English
    arrow-up
    1
    arrow-down
    6
    ·
    edit-2
    2 months ago

    Do you live in a house? Somebody spent a lot of effort to build it, and expecting it for free would be silly, and its the same with many other things.

    The thing that youre mad about is the fact living standards are falling, because your central bank can print unlimited sums of money out of nothing, as interest rates are set artificially low to monetize debt; which encourages debt accumulation via the cantillon effect, which creates serfdom via a gatekeeping system on an inelastic good.

    The closer to the gold standard you were born the cheaper things like your house was, and the less debt was required as debt was actually a liability instead of an asset, because it is inevitably eroded by future money printing.