LibreHans @ LibreHans @lemmy.world

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Joined

12 mo. ago

All they do is whine

So just like you?

How are lower interest rates, which leads to more money in the system, which leads to more inflation, good for the working class?

The whole word dropped their interest rates.

I think you're misunderstanding the valuation of money vs collectibles. Obviously an ancient artifact made of gold is worth more than the pure gold value. Same for rare coins. I was talking about silver as money, not as collectible.

Silver has lost its status as money, so silver is much cheaper today than it would be if it still was money.

Lol, we had a sales rep in a meeting to talk about licensing while we were already self hosting and using it. When he heard that we would store business data and log data for the same app he said that's two different use cases, and that we'd need two licenses.

Its always more more more.

Obviously, because the money is always worth less less less.

Lol, you're the one propagating the big banking propaganda that monetary inflation is not inflation.

Money is always tied to the value of things, so according to you inflating the money supply always leads to money losing purchasing power.

Debt denominated in USD

Have fun staying poor

Their ACTUAL profit margins are significantly larger and growing.

Their gross profits are up because money is worth less because of inflation. The purchasing power of those "growing" profits has basically not changed.

Go look up their net profit margins, they are going sideways.

Nobody said US debt, it's USD debt, this is basic international economics knowledge.

Inflation is the loss of purchasing power of money, not somebody raising prices. Inflating the money supply leads to loss of purchasing power.

Go look up net profit margins of retailers, they are going sideways.

Which company do you think is price gouging?

Stores don’t look at inflation, inflation makes the stuff they sell more expensive to buy, so they have to sell it for more money or make losses.

Fed policies like interest rates directly affect almost all countries because they have USD debt.

How hard is it to buy real food, not some processed garbage…

FED policies affect every currency on this planet as they are all backed by the usd.. the consumer price index was designed to under report inflation. The basket would be CHEAPER every year because of improvements in production if there was no inflation.

lol. The Fed devalues your money, of course that leads to rising prices.

Inflation and our financial system were created by politicians.