Former Federal Reserve chairman, Alan Greenspan: "The U.S. can pay any debt it has because we can always print money to do that." This is why your living costs continue to skyrocket every year. Endless money creation by central banks dilutes the value of the money already in circulation, forcing prices to rise incessantly. Inflation is a hidden tax.
>>61572406You hit the nail on the head. Inflation IS a tax. It's how the Fed undermines the middle class. Especially because taxes increase to compensate but wages generally lag behind.
inflation is coin clipping.
>>61572406I love pale nerdy white girls
>>61572443Me too. The paler, the better. Sexo.
>>61572443UHOOOOOOOOO SEXOOOO!!!!
>>61572406Alan Greenspan was warning 8 years ago about the current stagflation we're in now. The funny part is that the working people who are hurt the most by wasteful money printing are the ones that defend it the most. Basically if you are an American that has been working the last 20-30 years the government has used the money (that you give value to through your work) to subsidized immigrants, large corporations and of course Banks. If the average working American for the last 60 years hadn't been so brainwashed to be against socialism and brainwashed to be against racism then the average American worker would be living pretty good right now.
>>61572443>>61572461>>61572469They're 14 you fucking pedos. They are still babies you sick fucks.
>>61572502>If the average working American for the last 60 years hadn't been so brainwashed to be against socialismUhhh this has all been socialism for a few decades now
>>61572529Correct, socialism for the top 1% and for the very bottom classes they use to suppress wages. But the middle class didn't ask for any of that wealth because they were brainwashed into thinking that it was wrong to do so.
>>61572505Faggot. The girl has perfect tits
>>61572502>implying socialism would fix thingsI hope you're pretending to be retarded.
>>61572406>The companies are totally the good guysThen why do costs outpace inflation constantly?
>>61572833Supply and demand retard.
>hanging out the other day>mention that back before 2012, you could get a double cheeseburger at McDonald’s for a dollar>acquaintance outright doesn’t believe me, implies I’m a liar because now it’s $4 or soPeople have no idea how much they’ve been burned. They have no framework when it comes to inflation, or how it works. They genuinely believe it’s caused by temporary supply shocks or some country across the world invading another.
>>61572855>This is why your living costs continue to skyrocket every year>Supply and demand retard.So is inflation the problem or S&D?
>>61572858Why you hanging out with 20 year olds unc
>>61572879I’m 30 and this person is 26. It was kind of surreal, he treated it like some “we’ll agree to disagree” type of thing. No dude, I used to walk into McDonald’s and get five double cheeseburgers for $5. It’s a dumb example, but it shows how the dollar is becoming the new peso.
>>6157250514 is a bit old, but my cock is still hard so they must be bred
>>61572878Supply and demand can cause inflation. You're asking wrong questions. CPI doesn't encompass reality for most people and is one of those statistical lies they tell to direct outrage away from themselves and onto retail. Food in particular is probably the most competitive industry there is, their margins haven't changed but costs all up the chain have increased dramatically.
>>61572469High iq financial take here
>>61572892you should have also said that the mcdonalds wagies weren't middle aged hispanics or mystery meat browns.
>>61572976I know I don't want to eat McDonalds because of the hellish farts it gives me (vile). But I desire the goyslop. I crave it. Help me.
>>61572892Before 2008 you could walk into a bank and buy a house. Few thousand down. White neighborhood. Good jobs.
>>61572926>Supply and demand can cause inflationIf the state or issuer of money care about supply and the demand or a mass market exodus is happening. >CPI doesn't encompass reality for most people and is one of those statistical lies they tell to direct outrage away from themselves and onto retail.That'd be accurate if prices only rose more sharply in retail. >Food in particular is probably the most competitive industry there is,I'd agree with that
>>61572976Yep, I worked there. It was all suburban teens.>>61573006My parents bought their home in the late 1990s for $100k in cash, sold in 2000 for $120k. Same home is now over $2 million. I’m not kidding.
>>61572406Best pale girls to wank to?
>>61572406yeah that's the point of fiat money. it's monopoly money for poor people to pay their bills.
>>61572406This is what the setup for hyperinflation looks like btw.
>>61572406Perpetual children gonna starve unless we have someone to look after them.Read 2121 by Susan Greenfield ;)
>>61572800>I hope you're pretending to be retarded.>t. brainwashed midwit
>muh inflationNobody forces you to hoard USD.Buy stocks, gold, guns, anything...
>>61572502The idea of equality is as anti-middle-class as it is anti-rich, Anon. We vote against notions of equality because its ideas of equality that let the shitskins and the chinks in to steal all the work and because ideas of equality would demand we give up our luxuries and benefits, whatever little of them is left, to said browns and chinks. The only time that shutting off the money printers and going for austerity benefits you is if you already have a fortune and want to protect the integrity of your wealth against all the generations of people who came after you - it benefits only the old, and in particular the lucky or the ruthless old who have already benefitted from exploiting other people.The best defense any of us has in punching both upward and downward at the same time is status quo. It equally victimizes everyone, which keeps any of the more unfortunate groups of people from getting any traction in punching upward at the Middle Class. The fact that it keeps the Middle Class from punching upward at the Rich is by design, but we still rely on it for our survival against the rest of the human race.
>>61572406i wonder why this keeps happening
>>61572529Socialism is worker control and ownership of the means of production. The U.S does not have a socialist economy, retard.
>>61573346>racist retard is brainwashed to protect his ruling class by racist propaganda
>>61572422You're conflating different kinds of inflation. You're talking about value inflation, which is when the relative value of currency falls with respect to useful commodities, which can be as a result of creating too much currency. What's actually happening is price inflation, which happens due to forces of supply and demand, irritated by rampant market monopolization that prevents competing manufacturers from stepping in and increasing production to meet demand.
>>61573421>What's actually happening is price inflation, which happens due to forces of supply and demandNo, it happens because corporations raise prices because they want to make even more money.
>>61573431why isn't anyone talking about the poor little shareholders? you think they don't matter? where would your food processing company be without them smart guy
>>61572505
>>61572892I remember that in 2014, I usually mixed them in with $1 McChickens.
>>61572406you pay a tax on every transaction of money. They really don't need you to pay tax if they just print money, which they always do. Take 2021 for example:>50% of currency printed into circulation>next year everything doubled/tripled in cost>want stimulus checks? Who is going to pay for them? YOUUU (the tax payer anyways)>Oh no, ukraine and israel need another 200 billion! *prints*you have no idea how much information theyre not showing that shows shits super fucked and they will keep the music playing long past the GTFO phase, so they can escape and let you handle the downfall. Just look at the other failed westernized nations and youll see the truth
>>61572858It's a better understanding than the people who think giving bank(er)s trillions for free doesn't matter much, but giving everyone $1000 checks was the mistake that ruined everything.
>>61572443Fuck off ranjeet
>>61572406Ugh she looks so bratty. She needs a spanking
>>61573421Although that's a good description of what causes inflation it doesn't change the fact that inflation is a full-spectrum tax and only the people who control the production of goods and services are unaffected. Things simply can't go on at their current rate without society collapsing.
Is this chicken bleached, or natural ?? I'm pretty sure she can buy loads of McSlop GMO vegan chicken made out of Amazonian centipedes. You will own nothing and you will be happy member ? If you think why this happens its anti semitism as well and don't mind ranjesh looking at underage girls ass, he is necessary for the economy so Walmart can pay him 3€ per hour. >Inb4 euro etc etc, jeets anywhereIn middle of nowhere Ruse Bulgaria, I have started spotting jeets and we have the same BS happen.
>>61573645high iq post
>>61572406>Inflation is a hidden tax.Yes and especially pernicious is when you earn more to counteract it you get literally taxed more. And you hear shit about>millionaire taxand soon it'll apply to even the lowest scrubs.
>>61573989Im actually white
>>61572406anon.... the trump admin literally wants to devaluate the US dollar.
>>61576818This. 95% people really are cattle that have no independent thoughts. Never been more clear as I talked to friends and family over the holiday
>>61573645The treasury printed all that money in 2021 to avoid a liquidity crisis and full on depression after everything had been shut down for a year and everyone had been laid off. The lockdowns themselves were misguided, but pretending they were necessary or inevitable for a second, do you have some better idea of how you would have avoided long-term economic damage from it? Probably not. You aren't thinking about the consequences of what might have happened if that new money had never entered the economy, you think as far as "dollar number go up = dollar value go down bad" and not any farther.>Just look at the other failed westernized nations and youll see the truthWhich ones are you referring to?
>>6157250514 year olds don't have jobs retard
>>61572505I'm just going to say that all the boomers, gen xers and my own parents should have let me date normally when I was a teen instead of gatekeeping their daughters/sisters/whatever (or in the case of gen x, trying to fuck those girls themselves) because now I'm not gonna listen to people telling me girls that are 'only 18' are out of reach when younger women are so massively impressed by simple shit like owning a car due to, ironically, the thing you see in OP where min wage doesn't cover shit.
