[-] john89@lemmy.ca 8 points 2 weeks ago

you should go to China and ask average Chinese people about how they feel about their “cheap groceries”.

Have you done this? What did they say?

wealth inequality is a huge problem, and attribute it to inflation is naive. the rich has power in a capitalistic society, they will win no matter we are in an inflationary or deflationary economy. to think deflation will be good for the working people is very naive.

You haven't disproved my point about inflation being a tool for the ruling class to recoup the gains of the working class, which it is. You've just said "they will win no matter what and deflation is not good for working people" without explaining why.

Can you elaborate on why deflation is bad? Do you think inflation isn't a result of workers having more money to spend and businesses raising prices to maximize profit?

[-] john89@lemmy.ca 8 points 2 weeks ago* (last edited 2 weeks ago)

Fuck sanctions.

If domestic producers want domestic buyers, they should lower their prices to be competitive and take less profit as a result. But they won't do that if they can have the government step in to artificially raise the prices of competitors' products.

If they can't do this while paying employees respectable wages, then it shouldn't be up to the government to step in and bail them out.

We're literally letting the government force us to have worse deals so people richer than us can be even richer at our expense.

[-] john89@lemmy.ca 8 points 2 weeks ago* (last edited 2 weeks ago)

Deflation is a great thing.

The working class has been conditioned to think it's "bad" and inflation is "inevitable" because inflation is how the ruling class recoups any gains the working class has made, with interest.

Personally, I think it goes a bit deeper than this. Insecure people always want to feel they "know" everything, so they will often overreach and make claims about something they don't understand just to look smart and fit in. For example, always using the word "consumer" instead of "customer." They want to sound smart, like they went to school and learned about consumers, but they don't realize how they're acting without thinking. It's all a show to avoid admitting they don't really know what they're talking about.

Inflation is the same. Since it's almost guaranteed to happen and it benefits the ruling class, the average worker has been conditioned to see it as beneficial. They are praised for going along with the narrative that inflation is necessary and it makes them "feel smart" even if they are incorrect.

Saying "communism doesn't work" is another example.

[-] john89@lemmy.ca 7 points 3 weeks ago

What is it with people in positions of power and child fucking?

[-] john89@lemmy.ca 7 points 1 month ago

When taking out a loan, there's no guarantee you'll be able to pay it back.

This is the risk the business owners chose to take. Now they're upset that it's not working out in their favor and trying to change the rules (as usual) so they never lose.

Remember how they stopped people buying gamestop stock?

[-] john89@lemmy.ca 8 points 2 months ago

I've noticed shitty men have it too easy. It's a cultural problem centered around what we value.

[-] john89@lemmy.ca 7 points 2 months ago

No, it wouldn't

People working in and supporting the industry would work and consume as they always have.

It's the business owners that would be hurting, as their entire existence depends on siphoning off the excess people are willing to pay for products and services.

Prices wouldn't even go up. Businesses already charge the most people are willing to pay.

[-] john89@lemmy.ca 7 points 3 months ago

Didn't even know 'legacy admissions' were a thing.

Higher education is truly a scam.

[-] john89@lemmy.ca 7 points 5 months ago

Why would they lay off their QA teams when its management and executives who make the decisions to cut corners?

[-] john89@lemmy.ca 8 points 8 months ago

to recover all the cash they didn’t get during 2020

COVID facilitated the greatest transfer of wealth from the masses to the few in history.

[-] john89@lemmy.ca 7 points 8 months ago

Ukrainians really have their own corruption to blame for why they couldn't join NATO.

[-] john89@lemmy.ca 8 points 8 months ago* (last edited 8 months ago)

Yeah. Glad I'm pretty much done moving my server to Debian.

Fuck snaps. And fuck paying for security updates, lol.

view more: ‹ prev next ›

john89

joined 9 months ago