Janet Yellen admits she was wrong about inflation being transitory

Re:Janet Yellen admits she was wrong about inflation being t... by dukes82 on Wednesday June 01, 2022 @03:25PM (#31586773)

I honestly believe identity politics was amplified as a way to diffuse class warfare and create infighting in the (shrinking) middle and lower classes

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Re:Janet Yellen admits she was wrong about inflation being t... by lurquer on Wednesday June 01, 2022 @06:25PM (#31588918)

Identity politics is used in lieu of class conflict. For various reasons, the US does not perceive itself as having classes… difficult to foment a Revolution if the ‘proletariat’ all think they can grow up to be President someday (or at least a gazillionaire.)

It was determined that race might be a sufficient proxy. Time will tell.

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