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submitted 10 months ago by HanDman@infosec.pub to c/asklemmy@lemmy.ml

Every day there’s more big job cuts at tech and games companies. I’ve not seen anything explaining why they all seam to be at once like this. Is it coincidence or is there something driving all the job cuts?

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[-] Pohl@lemmy.world 34 points 10 months ago

This is a thing that sounds like some crazy uncle bullshit but it is actually completely true and non-controversial.

The scariest thing to a central banker when it comes to inflation is that wages might start to go up. When that happens the inflations is basically permanent.

[-] davel@lemmy.ml 21 points 10 months ago* (last edited 10 months ago)

People need to understand that the Federal Reserve is the cartel of the US private banks, and that they have captured the US Treasury as well, which is the US sovereign fiat money printer. Just look at the history of people in executive positions at the Treasury and the Fed. It’s a revolving door between those positions and the executive positions at major US banks and corporations.

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this post was submitted on 25 Jan 2024
330 points (97.1% liked)

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