Hehe “peepee”
PPI for when you need a break from PPB.
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 inflationOkay 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]
Taxes probably… or a whole lotta [redacted] of business owners involved in the necessities of life having been price gouging since COVID.
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.
Wait why is spooked (past simple) cool but removed (3rd person, present simple) isn’t cool? I got reverse sremovedhorped
