I feel like inflation does have some control mechanisms. Ex, the Fed reserve is 1 way to control the value of the dollar and isn’t a government entity and isn’t for poors - it’s for a handful of banks. I think that if there is control then there’s a hand controlling - why wouldn’t someone take benefit. Im never allowed in the economic closed door meetings for this stuff so yeah I think these wealthy are controlling it. Most of us barely have bank accounts and struggling for rent
Inflation lowers everyone’s value and forces more work out of us workers…but we have no say in it. And sure there are many that benefit but it seems like that’s just more poors fighting for scraps.
Also are there really people out there looking at an open wound saying “ahhh that’s ok as long as it’s less blood” lol. I thought people usually want to stop bleeding completely so healing (negative CPI) can start.
This 3% inflation number (CPI) is not good news 😞
What it means is “inflation increased 3% since last year”.
Actual inflation is 17-20% rn
The rate of inflation going down is, in fact, good news.
Downvote but “negative” CPI is good news…slowing just shows that the wealthy are not making “as much” as they did last year.
That’s a bit like saying “bleeding less from your wound isn’t good. Only NOT bleeding is good”
Also your take that inflation is due solely to the wealthy is hilariously inaccurate
I feel like inflation does have some control mechanisms. Ex, the Fed reserve is 1 way to control the value of the dollar and isn’t a government entity and isn’t for poors - it’s for a handful of banks. I think that if there is control then there’s a hand controlling - why wouldn’t someone take benefit. Im never allowed in the economic closed door meetings for this stuff so yeah I think these wealthy are controlling it. Most of us barely have bank accounts and struggling for rent
Inflation lowers everyone’s value and forces more work out of us workers…but we have no say in it. And sure there are many that benefit but it seems like that’s just more poors fighting for scraps.
Also are there really people out there looking at an open wound saying “ahhh that’s ok as long as it’s less blood” lol. I thought people usually want to stop bleeding completely so healing (negative CPI) can start.
Lower is better but for me it’s not “good”.
Point there was you’re not gonna get a healing wound without stopping blood loss