Re:Why do people hate inflation?
by mindslight on Tuesday July 13, 2021 @02:15PM
(#27824234)
Exactly! We're living in the most technologically advanced and productive time in history, but the mandate of the Federal Reserve is that this shall never be reflected in consumer prices. Even worse, the newly created money primarily goes to a single meta-sector of our economy instead of funding anything productive. Instead of a twenty hour workweek or flying cars, we get never-ending paper-pushing fake jobs.
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