The 2% inflation target that excludes all investments you mean, so that we must consume more every year otherwise interest rates collapse and we gush out money like a sprinkler, as the rich load up on debt to short cash with their ever inflating collateral while gold and houses rise 10% a year.
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Cake day: February 20th, 2025
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29·3 days agoRemoved by mod
Because the rich don’t affect much in our current monetary policy, its the velocity of money that matters rather than the quantity.
If they start buying out every grocery store then prices rise, interest rates rise, and their asset prices fall.
Its the central bank that debases your salary though, making it buy less and forcing a wall of debt to gatekeep your housing.
I figured maybe it was an infograph screen in the game or something.
Can someone explain what the picture is from?
I know its megaman, but why?
11·7 days agoElon Musk will be regarded with the likes of Leonardo da Vinci and Louis Pasteur in the history books.
What do you use NFS for, isn’t NFS relatively obsolete by now?
Assume I know not much about file shares.