PebHmong Discussion Forum

General Category => General Discussion => Topic started by: Hung_Low on September 28, 2021, 09:59:49 AM

Title: Demmies and Lefties logic...
Post by: Hung_Low on September 28, 2021, 09:59:49 AM
Their World:

CNBC: Inflation's Silver Lining: Higher wages - meaning it's ok because inflation will create higher wages for everyone.
The Puppet: high inflation is just temporary - so, don't worry it'll go down in a couple of months, we'll just print and spend more money.

REALITY:

high inflation erode high wages
Bloomberg - Economic: Inflation Has Turned $15/hr Wages Into Setback - wages have risen but inflation has made that money worth less than before
Title: Re: Demmies and Lefties logic...
Post by: hmgROCK on September 28, 2021, 10:34:16 AM
Their World:

CNBC: Inflation's Silver Lining: Higher wages - meaning it's ok because inflation will create higher wages for everyone.
The Puppet: high inflation is just temporary - so, don't worry it'll go down in a couple of months, we'll just print and spend more money.

REALITY:

high inflation erode high wages
Bloomberg - Economic: Inflation Has Turned $15/hr Wages Into Setback - wages have risen but inflation has made that money worth less than before

this makes zero sense
wages don't cause inflation
people been making million and 6 figure for years

inflation is cause by the FEDS with the interest rate

 :2funny: :2funny: :2funny: :2funny:

i know...


this man is the world most powerful man
he control the inflation rate
not some JOE working at MICKIE D


(https://prospect.org/downloads/16758/download/KuttnerOT-Powell%20082521.jpg?cb=3f669f4ea6c876fc542f3258cdaad02d&w=640)