RandomOne
Memes
Lmao did you check the 3rd pic before sharing?
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The solution was what happened after Covid in what they called the great resignation. It’s akin to what the NCAA has with the transfer portal. When the “workers” have a little more power. A little more say in where they choose to go and do. Because the playing field is more equal as wages are set by talent.I understand that a billionaires salary can be zero and their incomes come from where u already elaborated.
But what are the solutions? Things like taxing capital gains sound like they have too many drawbacks against the average Joe investor for instance.
Gonna watch this from the beginning when I get the chance
The Fed exacerbated today's conditions but not bc they are trying to take leverage away from employees, it's bc the massive money printing during COVID lockdowns.The solution was what happened after Covid in what they called the great resignation. It’s akin to what the NCAA has with the transfer portal. When the “workers” have a little more power. A little more say in where they choose to go and do. Because the playing field is more equal as wages are set by talent.
Meaning that, there is more opportunity and chance to choose based on the ability of the company to be ran right and behave like the workers are valued assets and commodities. That allows the cream of the crop of industries to get good service and productivity in that industry.
Meaning those industries thrive, and other industries competing for those values workers, have to raise their conditions to meet the requirements for workers. It organically raises the quality of employment.
But when that was happening, the fed didn’t see that. The fed saw the people havin to much power. They believed in a philosophy that the top dedicates the value of the country and worked quick to eliminate choice. They raise rates, causing inflation which locked people into their roles. And what that did was leave companies into a place.
Where they unilaterally decided to lay off people to create a demand for wages. Sent everyone into a survival mode to stabilize the work force as indenture servants and not people with jobs and careers.
The solution is there, but it require the fed to allow it to happen. To allow industries to choose to elevate to meet demand or fail.
Not exactly sure what you're saying here as far as immigration. I'm not against people immigrating to America but there is a financial burden that comes with the influx we saw during the Biden administration.And if things play out as they should with mass deportation and the fact that no one wants to do those jobs for that pay. The supply chain will struggle with a lack of people to do those jobs. Which should cause those industries to pay people more. Which then will stabilize those industries.
But what’s going to happen is. If those in those industries pay people more. They are either going to dilute their product to save money, or they are going to raise the cost of their product’s. That’s what Biden was trying to avoid with his mass legalized immigration.
What Trump is doing. Which I don’t think is on purpose and is really just based on discrimination. Will accidentally put pressure on one industry, which will put pressure on other industries. Which will in turn cause prices to raise rapidly and wildly. And because he’s galvanized this thought that the president is responsible for prices.
He’s going to be backed into a corner to not course correct and force the market to fix itself by doing what it’s supposed to do and not what it wants to do.
He, accidentally has a chance to fix America. Which is sorta a perfect irony that it has a chance to come about not because some great mind figured it out. But because an inept egotistical business man backed himself into a corner
You don’t find it odd that the narrative of “massive money printing” only comes about when money is given directly consumers?The Fed exacerbated today's conditions but not bc they are trying to take leverage away from employees, it's bc the massive money printing during COVID lockdowns.
The lockdowns led to major supply chain disruption during panic buying levels of strong demand. That alone drove the price of goods up. The Fed printing money devalued our currency which made it worse.
So while I agree that the Fed shares plenty of blame it doesn't stop or start with them.
Massive money printing is not a narrative. The amount of "money" the fed "printed" during COVID costed more than 13 of the US most expensive wars combined. That's massive money printing, in a very short amount of time at that.You don’t find it odd that the narrative of “massive money printing” only comes about when money is given directly consumers?
Donald Trump is suggesting a couple trillion in tax cuts, framed that way, but essentially just, we will stop collecting taxes from people above a certain tax income and create a deficit. And since money isn’t actually real. The principal is the same. We don’t have the collateral to cover the cost.
It’s essentially “massive money printing” what’s the fed doing about that, what’s their plan. How come they are silent. You ever wonder why the fed only ever seems to actively get involved when the tilt is more on the side of the people?
Why is it that the fed did the totally opposite when they “massively printed” money for banks
Bro, the fed is there primarily to maintain the order of top down
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It’s not what you think it is
Biden and democrats essentially legalize border line slave labor essentially, it’s much more humane thoNot exactly sure what you're saying here as far as immigration. I'm not against people immigrating to America but there is a financial burden that comes with the influx we saw during the Biden administration.
there you go, the last sentence is where you get it, it’s worthless, it’s made up, it doesn’t exist,Massive money printing is not a narrative. The amount of "money" the fed "printed" during COVID costed more than 13 of the US most expensive wars combined. That's massive money printing, in a very short amount of time at that.
I'm sure u understand how creating dollars out of thin air devalues the dollars u already have.
I'm not a fan of the bank/wall street bailouts of 2008 either.
Getting off gold standard basically made our money worthless.
I'm not blaming the lower/middle class or anyone that qualified for the $1400. If you're forced to stay home it's out of your control.To stabilize the economy, but a few 1000 given away in covid funds broke the mighty economy
Lmao did you check the 3rd pic before sharing?
then why are we paying the cost? And why is there a plan in place to raise the cost? Why isn’t the fed correcting that?I'm not blaming the lower/middle class or anyone that qualified for the $1400. If you're forced to stay home it's out of your control.
But while small businesses were forced to close down bc they had a small pool of funds to apply for PPP loans, big corporations were able to stay open and attract even more business from the small guys.
Even when small businesses stayed open they were forced to sell their items at a higher price bc large corporations had a stronghold on supply chains and they couldn't even stay as well stocked.
The lockdowns and CARES act benefitted large corporations and wall street the most.
Everyone pays the cost it's just felt most by the middle and lower classes. Rising costs is basic supply/demand before fed gets involved, but raising interest rates (Fed) is supposed to slow down price increase bc it slows down demand.then why are we paying the cost? And why is there a plan in place to raise the cost? Why isn’t the fed correcting that?
This is flabbergasted that putting a Russian asset in the White House would result to this