• maplesaga@lemmy.world
    link
    fedilink
    arrow-up
    2
    arrow-down
    1
    ·
    2 days ago

    Its funny everyone shits the bed that prices might go up when low margin grocers raise prices, but the Fed is out there pumping out 8% more money supply a year, and they further increase that printing if that money simply bids up stocks or home values.

    Then they think its grocery stores raising prices 30c that’s making billionaires trillionaires, not the annual 8% money supply growth actively debasing peoples wages. When you’re measuring things in a rapidly expanding commodity what did people expect would happen?