GodlessCommie@lemmy.worldM to Late Stage Capitalism@lemmy.worldEnglish · 6 days agoCant risk hurting profitslemmy.worldimagemessage-square13linkfedilinkarrow-up115arrow-down10
arrow-up115arrow-down1imageCant risk hurting profitslemmy.worldGodlessCommie@lemmy.worldM to Late Stage Capitalism@lemmy.worldEnglish · 6 days agomessage-square13linkfedilink
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up0·5 days agoWhat we’ve got now is even more broken! Forever inflation is not a good idea.
minus-squarejacksilver@lemmy.worldlinkfedilinkarrow-up1·5 days agoI mean, if you go back 100 years in the US, there has always been some inflation (as that’s how our economic model works). The cost of living crisis isn’t caused by inflation, but larger macro economic policies. Source: https://www.usinflationcalculator.com/inflation/historical-inflation-rates/
What we’ve got now is even more broken! Forever inflation is not a good idea.
I mean, if you go back 100 years in the US, there has always been some inflation (as that’s how our economic model works). The cost of living crisis isn’t caused by inflation, but larger macro economic policies.
Source: https://www.usinflationcalculator.com/inflation/historical-inflation-rates/