Inflation 101
I love the idea of making America great
I don’t see how deportations, inflation, religion, or reduced education funding contribute to making America great though
Are you trying to blame inflation on trump or repubs? It seems like you are, but I think it is fairly common knowledge that inflation is too much money chasing too few goods and trump and repubs fought against most of the free money that still sloshes around the economy that dems worked hard to throw around after Covid and trump and repubs fought dems on trying to shut the economy down as little as possible.
Freedom of religion is bad? Or what are you saying?
The 3 expenses that have consistently gone up in price and outpaced inflation are also the 3 things that the govt is most involved with and have done the most to keep prices down - education, health care and home prices. Many Repubs are fighting for school choice which gives parents essentially a voucher to choose which school to send their kids to. So public schools will have to work like private schools have for so long to compete with other schools to attract students and their parents. This will force public schools to either catch up to private schools or shut down and be replaced by more private schools.
Didn’t know prez couldn’t replace them
If the govt lowering interest rates leads to more inflation (according to many)
Does that mean that the govt raising interest rates causes prices to drop?
Everyone lowers prices except Arizona tea who reaps the benefit of relatively higher prices while lowering advertising costs due to not spending money on trying to convince folks that they are keeping prices lower out of the kindness of their heart.
The Justice Department has filed a civil lawsuit against the real estate company RealPage, alleging the company’s software uses landlord data to artificially inflate the price of rent across the United States by quelling competition in the market.
According to the complaint, the Texas-based company uses nonpublic data from landlords to train RealPage’s algorithm for pricing recommendations, creating a “vast scheme to subvert the competitive process,” one Justice Department
Excuse me for my ignorance on first world economics, but I see endless talking about houses and rents going up and up all the time, people suffering and blablabla. In any free capitalistic market that I know, businesses and investors would be salivating to jump and just build, because, you know, people like making money. Thus hopefully correcting the distortion. Seems a bit strange that your country thinks it's a more productive usage of your judicial system to go after this sort of business in this populistic manner instead of just facilitate the supply of more houses. And as far as I know, construction helps the economy a little bit?
So too does not spending the money in their hands bidding up housing prices on ebay. The Fed made effectively just as much money available to the people with the GFC. The reason prices didn't go up then is because the people didn't spend it, at least not much of it on personal consumption. Instead much of that money went towards inflating stock prices. Point being while the Fed provides the fuel it's consumer discretion that throttles the economy. The problem is about 1/2 of the consumers out there make horrible financial decisions both for themselves and the economy. And sure a large segment of them are poor who have little choice in the matter. But the real over-consumption drivers are $100K hhs living like $200K ones.
2020 people got check from the government.
Not in 2008.
It’s massively different .
If people would got money has much has in 2008 they would actually had the cash for not losing their houses .
Tarp wasn’t directed to normal people.
2020 people got check from the government.
Not in 2008.
It’s massively different .
If people would got money has much has in 2008 they would actually had the cash for not losing their houses .
Tarp wasn’t directed to normal people.
what people got was spent and was nothing compared to what the rich got in tax cuts
