Yeah, i think one of the biggest political lessons of 2024 is that inflation is an.absolutely unforgiveable sin in the public's mind, regardless of the context of the inflation
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And it's not good! It's been argued fairly convincingly IMO that an inflation-averse monetary policy that's willing to tolerate unemployment much more than inflation is one of the prime drivers of wage stagnation and expanding inequality.
aug 14, 2025, 12:48 am • 2 0 • view
Add it to the pile of self destructive/self defeating beliefs and behaviors i guess, sigh
aug 14, 2025, 1:01 am • 2 0 • view
And we’re about to see a whole lot of inflation and unemployment by the looks of it, though I hope I’m wrong.
aug 14, 2025, 3:22 am • 0 0 • view