The Federal Reserve cut its key interest rate by a quarter-point in response to a steady decline in once-high inflation that angered Americans and helped drive Trump’s election victory.
easy, just compare to 5 years ago instead of year-on-year, and that will give you a 24 % inflation.
Now tell me how can you make life affordable again ? increasing wages by 25 % all at once or deflation at 15 % or so? or an all out civil war or something ?
This lie that inflation can only go up without wages keeping up is what the governing class helped by their paid for economists use to keep the working docile until shit hits the fans.
easy, just compare to 5 years ago instead of year-on-year, and that will give you a 24 % inflation.
Now tell me how can you make life affordable again ? increasing wages by 25 % all at once or deflation at 15 % or so? or an all out civil war or something ?
This lie that inflation can only go up without wages keeping up is what the governing class helped by their paid for economists use to keep the working docile until shit hits the fans.
I’m not sure why you’re responding to my comment. What you said seems to be completely unrelated to what I said.