this post was submitted on 20 Dec 2023
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Futurology
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Don't worry, the Fed Can just incentivize laying off workers again if the benevolent, job creating dragons start getting concerned about the value of their hoards, or if laborers gain too much leverage against the owners again. They'll protect the economy from the people and society it's supposed to be a mere, lowly tool to serve by facilitating distribution of goods and services.
Protect whims of that tail from that mean old dog!
I'm pretty sure inflation hurts the poor the most.
https://truthout.org/articles/the-poor-are-being-doubly-hit-by-inflation-and-policies-to-combat-inflation/
No shit, the owners and the Fed they speak through make sure of that.
Gotta take their bruised ego scores out on someone.
If they didn't capture the government that's supposed to keep them in check to ensure they never have to fund social supports back into the society that facilitated their monstrous wealth to begin with, the pain could go to the class that hoards enough to shoulder it without flinching.
Can't have that! 🤣