1139
Explaining the inflation rate
(lemmy.world)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 20 Aug 2024
1139 points (98.6% liked)
People Twitter
5162 readers
1987 users here now
People tweeting stuff. We allow tweets from anyone.
RULES:
- Mark NSFW content.
- No doxxing people.
- Must be a tweet or similar
- No bullying or international politcs
- Be excellent to each other.
founded 1 year ago
MODERATORS
Why?
Hear me out. If a $50k wages is $50k 10 years from now and all things stay the same why is that a problem? People at that wage can pay for a certain lifestyle at that wage forever.
Hear me out if all companies have a profit? Why have more profit next year? You can still grow you have profit.
Even loans still work as loans have profit built into them so what is the problem with stagnation
But how could we possibly survive without eternal economic growth???