Re:U.S. inflation reached a new four-decade high of 8.6% in May
by im_down_w_otp on Friday June 10, 2022 @11:52AM
(#31695846)
It's been the entire basis for the _MASSIVE_ explosion in VC investors and tech investment though. Without it way, way fewer people would be here and we'd all be making way, way less money. So, it's kind of a double-edged sword.
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Re:U.S. inflation reached a new four-decade high of 8.6% in May
by somewhereoutth on Friday June 10, 2022 @03:49PM
(#31698642)
The problem is that a lot of that investment has been a miss-allocation, i.e. the money should have been directed elsewhere (schools? hospitals? real businesses?). Given that much of what we do is not actually that useful in the big scheme of things, I would suspect our inflated pay is somewhat unearned (though paling in comparison to top exec pay)