• DarkGamer@kbin.social
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    10 months ago

    Yeah, this inflationary period shows that it has to do with profit-seeking and not monetary supply. We made the money printers go BRRRRR for a very long time with almost no inflation, then suddenly COVID and supply chain hiccups gave corporations an excuse to transfer more of society’s wealth to themselves by raising prices and not lowering them again afterwards.

    • FlashMobOfOne@lemmy.world
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      10 months ago

      Can’t expect change when all we elect are wealthy people who care more about their stock portfolios than their constituents.

      • kemsat@lemmy.world
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        10 months ago

        Yup. It’s pure insanity that most of Congress is made up of lawyers & businesspeople.

          • RobertoOberto@sh.itjust.works
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            10 months ago

            It should be made up of everyone. I don’t see any reason fry cooks and fork lift drivers shouldn’t be there, they definitely deserve representation.

            If you’re convinced those people are all too stupid or lazy for the job, then maybe you could at least get on board with engineers, doctors, scientific researchers, artists, farmers, teachers, etc. Anyone who works hard at whatever their chosen profession is should have a shot. But our current system selects for low ethical standards, improv skills, and self-preservation instincts rather than real achievement.