• givesomefucks@lemmy.world
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    1 year ago

    Because this isn’t a strong economy…

    The rich are making money, but they’re just hoarding it

    So amount of money in circulation keeps decreasing, and prices keep increasing because in capitalism if a company isnt increasing profit margins, the stock price isn’t going up. And they finally figured out calling corporate greed “inflation” means around 2/3s of the country will accept it

    Either we drastically raise taxes soon, or shits about to get really really bad.

    Very few people will just sit back and calmly starve to death

        • agitatedpotato@lemmy.world
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          1 year ago

          Totally unrelated, but I’ve been teaching my friends to shoot and how to handle weapons. Also how to homestead your backyard. I pray those remain hobbies but I think im gonna live too long for that to remain true.

    • rottingleaf@lemmy.zip
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      1 year ago

      The 2/3 of the country can generally be fooled to believe anything.

      However, just raising taxes in this case may have some similarity to extinguishing fire with a burnable substance.

      You have to raise some taxes (say, on realty ownership, and some other possessions, and in general discourage possession of wealth without circulation) and lower some other taxes (say, anything taxing a transaction, I’m really not familiar with the way taxes work in USA, but in Russia plenty of taxes in hard numbers simply discourage economic activity). The goal should be increasing the actual inflation (not a good or bad thing per se). That’s if you are right about the cause, which I’m in doubt about TBF.

    • ImFresh3x@sh.itjust.works
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      1 year ago

      The amount of money in circulation isn’t decreasing though. Wages have increased more than inflation, almost every month in the last year. Especially for median wage/salaries.

      When they say strong economy they are talking about spending, jobs etc.

      The answer is in the first few sentences:

      Housing crisis