• Karyoplasma@discuss.tchncs.de
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    1 year ago

    You know, I’ve read stories on how money was so worthless after Black Friday that workers transported their wage with a wheelbarrow. How come that nowadays, inflation just means that everything is fucking expensive, but you still get the same jack-shit paycheck?

    I’m pretty convinced it’s not inflation that drives up prices, it’s greed.

    • Echo Dot@feddit.uk
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      1 year ago

      In the past inflation was seen as a bad thing and destabilizing to an economy so governments put actual effort into making it go down. The easiest way to do that is to keep employee wages in line with inflation, but at some point someone, probably with an R next to their name, decided that that was evil socialism, and so shouldn’t be done.

      So now inflation goes up and the government just sits there and goes “oh nothing we can do”.