this post was submitted on 27 Nov 2024
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[–] ClimateChangeAnxiety@hexbear.net 17 points 19 hours ago (3 children)

Wage growth has been another key leading indicator here.
Wage growth has begun to rebound in many parts of the economy.
These increased labor costs are passed on to consumers which fuels inflation

Okay but I keep being told that wage growth is the only way to deal with the inflation that’s already happened. Even other communists have been telling me “No you definitely don’t want deflation” for reasons I still don’t understand aside from “capitalists are stupid, easily panicked animals” but if wage growth just makes the problem worse what the fuck is there to do besides [REDACTED]

[–] Tomorrow_Farewell@hexbear.net 6 points 12 hours ago

The only actual serious way of dealing with inflation in the long term is price controls, which westerners have been conditioned to think of as awful.

[–] ClimateChangeAnxiety@hexbear.net 13 points 18 hours ago (2 children)

Also I’m still convinced the “problems” with deflation are imaginary and could easily be prevented by just forcing the capitalists to not fuck everything up.

Almost none of the problems that come from deflation actually have a material connection to deflation, it’s almost entirely “But deflation removed the market” which, simply do not allow the market to be spooked.

[–] Saeculum@hexbear.net 1 points 7 hours ago (1 children)

The way I've always heard it described is that if you are in a deflationary environment, there's no incentive to spend your money today when it will be worth more tomorrow, so it has a dampening effect on consumer spending and investment which is bad for the economy.

Alright let’s do the deflation in one go then. Today eggs will be $6 tomorrow they will be $3, and companies can suck it the fuck up.

[–] ClimateChangeAnxiety@hexbear.net 5 points 14 hours ago* (last edited 14 hours ago) (1 children)

Wait why is spooked (past simple) cool but removed (3rd person, present simple) isn’t cool? I got reverse sremovedhorped

[–] miz@hexbear.net 5 points 12 hours ago* (last edited 12 hours ago) (1 children)

sremovedhorpe

oh wow it does do that

[–] ClimateChangeAnxiety@hexbear.net 5 points 12 hours ago* (last edited 12 hours ago) (1 children)

I wonder if it has a list of approved words it won’t do that to? Does sremoved work?

Edit: No it does not

[–] ClimateChangeAnxiety@hexbear.net 3 points 12 hours ago (2 children)

removed removed. Spooked. Spooking? Spooker.

[–] ClimateChangeAnxiety@hexbear.net 2 points 12 hours ago (1 children)

Also why does the slur filter remove a slur for intelligence agents

[–] Zvyozdochka@hexbear.net 1 points 10 hours ago (1 children)

It's a slur for people of color from way back in the day.

Oh jeez really? I’ve never heard it that way, only as a slur for the CIA.

Why is that word a slur for so many different groups? POC, intelligence agents, and ghosts? And also it’s a verb.

[–] ClimateChangeAnxiety@hexbear.net 2 points 12 hours ago

Fascinating

[–] D61@hexbear.net 6 points 18 hours ago

Taxes probably... or a whole lotta [redacted] of business owners involved in the necessities of life having been price gouging since COVID.

[–] RNAi@hexbear.net 9 points 18 hours ago (1 children)
[–] D61@hexbear.net 9 points 18 hours ago

geordi-yes PPI for when you need a break from PPB.

the-more-you-know