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Inflation possible hyperinflation
- Thread starter K-Lover69
- Start date
M1 money supply is exploding.
https://fred.stlouisfed.org/series/M1SL
China just injected 1 trillion. They are hell bent on devaluating the Yuan and staying cheap relative to the strong dollar. Otherwise their whole export game goes up in flames.
https://fred.stlouisfed.org/series/M1SL
China just injected 1 trillion. They are hell bent on devaluating the Yuan and staying cheap relative to the strong dollar. Otherwise their whole export game goes up in flames.
Some of the responses in this thread show why wage stagnation is a ongoing problem.
Inflation is money in your pocket losing value. So instead of blaming orgs, push your politicians to raise the minimum wage, then higher income folks can then more easily negotiate for their own higher pay.
Good talent/quality is a competitive advantage between orgs (capitalism good!), but nothing to do with macro economic factors like inflation (unchecked capitalism bad!). It's easy to blame the price tag in front of you, but that's not the problem, the shit economic policies and greed in the polictical class causing inflation.
We collectively get our balls drained better than most, so let's use our post-nut "sage-mode" more effectively, yes?
Inflation is money in your pocket losing value. So instead of blaming orgs, push your politicians to raise the minimum wage, then higher income folks can then more easily negotiate for their own higher pay.
Good talent/quality is a competitive advantage between orgs (capitalism good!), but nothing to do with macro economic factors like inflation (unchecked capitalism bad!). It's easy to blame the price tag in front of you, but that's not the problem, the shit economic policies and greed in the polictical class causing inflation.
We collectively get our balls drained better than most, so let's use our post-nut "sage-mode" more effectively, yes?
Removing the supply to cheap money and increase interest rate likely to lead to another recession.
High inflation & low growth =BAD
Low inflation & high growth = Good
Low inflation & low growth = stagnation = not good
High inflation & high growth (what we have now) Not too bad. It devalues the debt (national or personal) while there is high employment with rising incomes.
Not easy decisions that have to be taken. It's a fine balance and we have blunt instruments.
High inflation & low growth =BAD
Low inflation & high growth = Good
Low inflation & low growth = stagnation = not good
High inflation & high growth (what we have now) Not too bad. It devalues the debt (national or personal) while there is high employment with rising incomes.
Not easy decisions that have to be taken. It's a fine balance and we have blunt instruments.
In every single large study, the overall economic benefits of a higher minimum wage is much more than the inflation. All we would have to do is peg min wage adjustments to inflation, like it was in the day.
But overall, yes "It's a fine balance and we have blunt instruments. "
We are definitely fucked tho, lol, I'm just yelling at the clouds. We'll have a new mongering golden age after this economic collapse tho, same as every other time.
But overall, yes "It's a fine balance and we have blunt instruments. "
We are definitely fucked tho, lol, I'm just yelling at the clouds. We'll have a new mongering golden age after this economic collapse tho, same as every other time.