FuckyWucky [none/use name]@hexbear.net to chapotraphouse@hexbear.netEnglish · 3 months agoThe Fed’s “Chicken Run”: Why Sticking with High Rates Will Crash the Economywww.ineteconomics.orgexternal-linkmessage-square4fedilinkarrow-up132arrow-down10
arrow-up132arrow-down1external-linkThe Fed’s “Chicken Run”: Why Sticking with High Rates Will Crash the Economywww.ineteconomics.orgFuckyWucky [none/use name]@hexbear.net to chapotraphouse@hexbear.netEnglish · 3 months agomessage-square4fedilink
minus-squarebuckykat [none/use name]@hexbear.netlinkfedilinkEnglisharrow-up17·3 months ago Many observers blame the ‘sticky’ services inflation on nominal wages, which are rising as workers strive to catch up with inflation. the inflation is caused by people trying to catch up with the inflation?
minus-squareCyborgMarx [any, any]@hexbear.netlinkfedilinkEnglisharrow-up11·3 months agoIt’s always the workers fault, not the actual price setters
minus-squarebuckykat [none/use name]@hexbear.netlinkfedilinkEnglisharrow-up7·3 months agoOh sure, that’s table stakes for capitalist economics opinions. What got me is the sheer concentrated circularity of that sentence.
the inflation is caused by people trying to catch up with the inflation?
It’s always the workers fault, not the actual price setters
Oh sure, that’s table stakes for capitalist economics opinions. What got me is the sheer concentrated circularity of that sentence.