The Fed Has Bought 70% of Net Treasury Issuance Since October

Re:The Fed Has Bought 70% of Net Treasury Issuance Since Oct... by eli_gottlieb on Tuesday January 28, 2020 @11:51AM (#22171143)

Inflation is tracked using the Consumer Price Index, which indexes prices that ordinary consumers face, not housing speculators or art collectors. Inflation is high for the capitalist class and low for the working class.

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Re:The Fed Has Bought 70% of Net Treasury Issuance Since Oct... by andymockli on Tuesday January 28, 2020 @01:05PM (#22172157)

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Re:The Fed Has Bought 70% of Net Treasury Issuance Since Oct... by wolfram74 on Tuesday January 28, 2020 @12:39PM (#22171744)

My intuition then is that bidding wars among the capital holders for labor should be more common, but wages are stagnant. Is the value of labor decreasing faster than the value of money for capital holders?

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Re:The Fed Has Bought 70% of Net Treasury Issuance Since Oct... by jtolmar on Tuesday January 28, 2020 @12:53PM (#22171960)

The maximum they're willing to pay might have gone up, but they can find someone else instead of paying the maximum, because labor is provided by tons of different, individual people who don't coordinate a price. The rise of pro-union sentiment over the last year could be seen as recognition of that need for coordination.

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