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Re:America's 1% Has Taken $50T From the Bottom 90% by deelowe on Thursday February 11, 2021 @07:52PM (#26109601)
We're entering a potentially deflationary period. An aging demographic and technology create deflarionary pressure as people leave the workforce and technology improved efficiency. The Fed wants to create inflation. We know what's going to happen over time by observing germany and japan.
Re:America's 1% Has Taken $50T From the Bottom 90% by MrMan on Thursday February 11, 2021 @11:36PM (#26110781)
We need more immigration it will have at least a temporary salutary effect on our underlying demographic issues. It’s weird to me that no arguments ever seem to reach the mainstream these days that population growth achieved by mass immigration worked for the Americas before ( and by worked I mean in a narrow economic sense it was attended by many bad problems )
Re:America's 1% Has Taken $50T From the Bottom 90% by bedhead on Thursday February 11, 2021 @07:56PM (#26109622)
Not entering, in. Have been in one for over a decade. And it's getting worse.
Re:America's 1% Has Taken $50T From the Bottom 90% by Godel_unicode on Thursday February 11, 2021 @08:35PM (#26109854)
What data are you basing this statement off of? The generally reported inflation figures for the US economy tell a markedly different story than you are.
Re:America's 1% Has Taken $50T From the Bottom 90% by Godel_unicode on Thursday February 11, 2021 @08:08PM (#26109712)
Germany has had negative inflation 1 year out of the last 30, and has hovered between 1 and 2 percent most years. Sounds good to me...?
Re:America's 1% Has Taken $50T From the Bottom 90% by deelowe on Friday February 12, 2021 @12:58PM (#26116472)
Germany is an example of where their monetary policy has allowed them to keep inflation at the rate it's at. Japan is an example of where they have failed. Both are still good examples.