#greedflation — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #greedflation, aggregated by home.social.
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A word or two (quoted from Prof. Richard Murphy) on the nonsense of increasing the official #CashRate to stymie anticipated #inflation stemming from external uncontrolled events. Here, the European Central Bank is the guilty party but it holds true for all Central Banks.
“This [ECB] move is meant to control inflation arising as a consequence of the war between the USA and Iran, as well as food shortages arising from that same war and drought. No one is suggesting there is excess demand in the Eurozone. However, inflation arising from excess demand, a phenomenon not seen in many economies for decades because so many people are having so many problems in making ends meet, is the only type of inflation that an interest rate rise can address.”
Not only do we know all of this, but so do the #CentralBanks (they’re not stupid).
“[…] increasing interest rates at this moment might be described as an act of economic illiteracy. It might also be described as class warfare based on economic aggression, because its purpose is, in reality, to deter those on wage income from seeking pay increases to maintain their economic positions, while those who profit from the price increases are left to enjoy their newfound and unearned riches.”
Economic illiteracy or calculated monetary intervention to maintain unemployment and shift more wealth into the pockets of those least in need? #Bankers are not stupid. They know. The #Oligarchs creates a #war and we all pay for it while they reap insane #profits from it. And the Bankers think: ‘Why not let them moke more profits through #GreedFlation?’ We’re all screwed on this path… time for a real change, for a change.
#Economics #TaxTheRich #NoMoreBillionaires #TaxRegimeChange #NeoLiberalEconomics #WealthInequity #Wealthredistribution #WorkersKeepPaying #JoinYourUnion #InUnity #AusPol
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A word or two (quoted from Prof. Richard Murphy) on the nonsense of increasing the official #CashRate to stymie anticipated #inflation stemming from external uncontrolled events. Here, the European Central Bank is the guilty party but it holds true for all Central Banks.
“This [ECB] move is meant to control inflation arising as a consequence of the war between the USA and Iran, as well as food shortages arising from that same war and drought. No one is suggesting there is excess demand in the Eurozone. However, inflation arising from excess demand, a phenomenon not seen in many economies for decades because so many people are having so many problems in making ends meet, is the only type of inflation that an interest rate rise can address.”
Not only do we know all of this, but so do the #CentralBanks (they’re not stupid).
“[…] increasing interest rates at this moment might be described as an act of economic illiteracy. It might also be described as class warfare based on economic aggression, because its purpose is, in reality, to deter those on wage income from seeking pay increases to maintain their economic positions, while those who profit from the price increases are left to enjoy their newfound and unearned riches.”
Economic illiteracy or calculated monetary intervention to maintain unemployment and shift more wealth into the pockets of those least in need? #Bankers are not stupid. They know. The #Oligarchs creates a #war and we all pay for it while they reap insane #profits from it. And the Bankers think: ‘Why not let them moke more profits through #GreedFlation?’ We’re all screwed on this path… time for a real change, for a change.
#Economics #TaxTheRich #NoMoreBillionaires #TaxRegimeChange #NeoLiberalEconomics #WealthInequity #Wealthredistribution #WorkersKeepPaying #JoinYourUnion #InUnity #AusPol
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A word or two (quoted from Prof. Richard Murphy) on the nonsense of increasing the official #CashRate to stymie anticipated #inflation stemming from external uncontrolled events. Here, the European Central Bank is the guilty party but it holds true for all Central Banks.
“This [ECB] move is meant to control inflation arising as a consequence of the war between the USA and Iran, as well as food shortages arising from that same war and drought. No one is suggesting there is excess demand in the Eurozone. However, inflation arising from excess demand, a phenomenon not seen in many economies for decades because so many people are having so many problems in making ends meet, is the only type of inflation that an interest rate rise can address.”
Not only do we know all of this, but so do the #CentralBanks (they’re not stupid).
“[…] increasing interest rates at this moment might be described as an act of economic illiteracy. It might also be described as class warfare based on economic aggression, because its purpose is, in reality, to deter those on wage income from seeking pay increases to maintain their economic positions, while those who profit from the price increases are left to enjoy their newfound and unearned riches.”
Economic illiteracy or calculated monetary intervention to maintain unemployment and shift more wealth into the pockets of those least in need? #Bankers are not stupid. They know. The #Oligarchs creates a #war and we all pay for it while they reap insane #profits from it. And the Bankers think: ‘Why not let them moke more profits through #GreedFlation?’ We’re all screwed on this path… time for a real change, for a change.
#Economics #TaxTheRich #NoMoreBillionaires #TaxRegimeChange #NeoLiberalEconomics #WealthInequity #Wealthredistribution #WorkersKeepPaying #JoinYourUnion #InUnity #AusPol
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A word or two (quoted from Prof. Richard Murphy) on the nonsense of increasing the official #CashRate to stymie anticipated #inflation stemming from external uncontrolled events. Here, the European Central Bank is the guilty party but it holds true for all Central Banks.
“This [ECB] move is meant to control inflation arising as a consequence of the war between the USA and Iran, as well as food shortages arising from that same war and drought. No one is suggesting there is excess demand in the Eurozone. However, inflation arising from excess demand, a phenomenon not seen in many economies for decades because so many people are having so many problems in making ends meet, is the only type of inflation that an interest rate rise can address.”
Not only do we know all of this, but so do the #CentralBanks (they’re not stupid).
“[…] increasing interest rates at this moment might be described as an act of economic illiteracy. It might also be described as class warfare based on economic aggression, because its purpose is, in reality, to deter those on wage income from seeking pay increases to maintain their economic positions, while those who profit from the price increases are left to enjoy their newfound and unearned riches.”
Economic illiteracy or calculated monetary intervention to maintain unemployment and shift more wealth into the pockets of those least in need? #Bankers are not stupid. They know. The #Oligarchs creates a #war and we all pay for it while they reap insane #profits from it. And the Bankers think: ‘Why not let them moke more profits through #GreedFlation?’ We’re all screwed on this path… time for a real change, for a change.
#Economics #TaxTheRich #NoMoreBillionaires #TaxRegimeChange #NeoLiberalEconomics #WealthInequity #Wealthredistribution #WorkersKeepPaying #JoinYourUnion #InUnity #AusPol
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A word or two (quoted from Prof. Richard Murphy) on the nonsense of increasing the official #CashRate to stymie anticipated #inflation stemming from external uncontrolled events. Here, the European Central Bank is the guilty party but it holds true for all Central Banks.
“This [ECB] move is meant to control inflation arising as a consequence of the war between the USA and Iran, as well as food shortages arising from that same war and drought. No one is suggesting there is excess demand in the Eurozone. However, inflation arising from excess demand, a phenomenon not seen in many economies for decades because so many people are having so many problems in making ends meet, is the only type of inflation that an interest rate rise can address.”
Not only do we know all of this, but so do the #CentralBanks (they’re not stupid).
“[…] increasing interest rates at this moment might be described as an act of economic illiteracy. It might also be described as class warfare based on economic aggression, because its purpose is, in reality, to deter those on wage income from seeking pay increases to maintain their economic positions, while those who profit from the price increases are left to enjoy their newfound and unearned riches.”
Economic illiteracy or calculated monetary intervention to maintain unemployment and shift more wealth into the pockets of those least in need? #Bankers are not stupid. They know. The #Oligarchs creates a #war and we all pay for it while they reap insane #profits from it. And the Bankers think: ‘Why not let them moke more profits through #GreedFlation?’ We’re all screwed on this path… time for a real change, for a change.
#Economics #TaxTheRich #NoMoreBillionaires #TaxRegimeChange #NeoLiberalEconomics #WealthInequity #Wealthredistribution #WorkersKeepPaying #JoinYourUnion #InUnity #AusPol
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Grocery prices are unsustainable. Feels like double in five years. 😕
Loblaws, Sobeys, and Metro slap on "local" stickers, but where's the actual effort to open up local and regional supply chains and support Canadian food sovereignty?
The largest grocery chains in Canada aren't acting very "Canadian" at all.
We deserve better, and our farmers deserve better!
#canada #costofliving #grocery #foodsecurity #canpoli #foodsovereignty #inflation #shoplocal #loblaws #MetroInc #sobeys #greedflation
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@seachanger
I refuse to accept that society can do nothing about #PriceGouging and #Greedflation because of the magic of markets.Clearly, if there is greedflation, then the market is not working as promised.
#PriceControls are one option. #Antitrust breakup of the oligarchies is even better.
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As seen on #maddowshow tonight
Recent Gallup poll reveals: U.S. Approval of #LaborUnions at Highest Point Since 1965.
71% of Americans now approve of labor unions. It is our best tool to combat the #greedflation that is lining corporate shareholders pockets and stripping us of our buying power. #Unions result in better benefits and #LivingWages for workers.
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Jeg vet det ikke "snør skispor" som Skiforeningen sier det, men fremdeles spenstig å øke pris for medlemsskap med 11 prosent fra i fjor til i år. #NorskTut #Skiforeningen #inflasjon #greedflation #vinter #langrenn #langrennski #ski #marka
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CW: Long thread/4
How can we solve America's wage-stagnation crisis? We could raise the minimum wage and/or create a federal jobs guarantee.
How can we solve America's workplace abuse crisis? We could allow workers to unionize.
How can we solve America's price-gouging #greedflation crisis? With #PriceControls and/or #WindfallTaxes.
How can we solve America's inequality crisis? We could #TaxBillionaires.
How can we solve America's monopoly crisis? We could break up #monopolies.
4/