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Joined 10 months ago
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Cake day: August 27th, 2023

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  • It’s been a farse well before 2008. That’s why it crashed. The fact that they decided to do QE was what made it worse. You had multiple QE programs after that, then you had lockdowns which not only injected more but stopped production. So now you have less goods and more money supply.

    You have a debt crisis. Most businesses and corporations are swimming in debt. That money is paid to someone, investments, projects, jobs… Which eventually finds its way into the economy.

    You have a housing problem. Your house prices have ballooned higher than 2008. You can’t say that’s corporation greed. That’s simply the debt fuelled economy which leads to a devalued dollar.

    And to your point, America didn’t collectively agree, the government fucked it’s people and will fuck them again purely because people just didn’t know. That’s why it’s so important to know where to direct your anger. Corporations? Yeah fuck them but there’s a root to all the problems. And that’s monetary policy.





  • The whole model they operate on is unsustainable. Either Blackrock and vanguard keep them afloat. Or they’ll take on personal loans, issue out corporate debt. Or find ways to downscale, either job losses shrinkflation. Or raise prices. These are all desperate measures and are signs of an unsustainable company.

    Losing the middle class (if that’s their target market) is a company’s biggest downfall.

    And I feel that the little people will start to lose hope cause it feels like it doesn’t matter… But it’s similar to someone on credit card debt. You can only do it so long before it starts to catch up.










  • We made the money printers to brrr for a very long time with almost no inflation

    You can’t print without consequences. The more you pump into circulation, the more currency you need to buy the same goods and services. You’re basically losing purchasing power.

    If you give everyone a million dollars, you’re going to see prices increase. If prices don’t rise, people could buy out entire stocks of goods and you’ll have supply problems. So you need prices to increase to adjust for the amount of currency circulating. That’s inflation.

    Chart on your purchasing power over the years: