DEBUNKED INFLATION CAUSE CLAIM: Federal spending on pandemic relief like Trump's stimulus payments, small business loans and childcare credits gave consumers too much spending money, and raised demand and prices for everyone...
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However: "Inflation is global. There's been an acceleration of core inflation across every advanced economy, even the ones that did very, very little fiscal relief," he said. "And so I think the evidence linking specific Biden-era policies to the surge in inflation is just really, really weak."
https://www.npr.org/2022/06/29/1108388304/inflation-biden-fed-interest-ukraine-stimulus
Here is an excellent opportunity to TEST THE Bezos/Musk THEORY... If Prior Government Cash Giveaways ACTUALLY CAUSED Inflation... This one ought to CAUSE inflation ALSO... It's called Science... Repeat the experiment!
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How to Whip Inflation Now 2022 - Problem: The Ruling Class Has Voluntarily Selected to Raise All Prices. What's the Solution?
The People That Actually Set Prices at Corporations Do Math to Determine Just How High They Can Set Prices before Customers STOP Buying. The Goal is to Maximize Profits and, if Customers are Not Buying, the Prices are Too High and It's "ROLL BACK" Time. SO... One Way to Motivate them is to SIMPLY STOP BUYING...
My Personal Boycott is to Stop Shopping at Amazon. I Cancelled my Prime Membership and Haven't Bought Anything in Months... Of Course, This is Not a Big Deal because I Already Have Everything I Want... Jeff Bezos Has Been Behaving Badly Recently and I Refuse to Fund His Plans.
Link to All My Zazzle Gear!
Remember: The Trouble With Taking Economics Classes is That You End Up BELIEVING the Fantasies They Teach... Watch the Film "Boom Bust Boom" Instead... MUCH More Insightful... It Starts with a Quote by Alan Greenspan, former Chainman of the Federal Reserve Speaking of the Collapse of The Banking Industry in 2008: "There was a Flaw in the Model I Percieved is the Critical Functioning Structure that Defines How the World Works... So To Speak... " - and That's Why the "Free Free Free Markets Crashed in 2008... He Believed in a Fantasy... and the Banks Lost all their Money... and Obama Magically Replaced the Money for Everyone Except Lehman Brothers... SOMEONE Had to be the Scape Goat... However, CEO Richard Fuld Personally Kept Millions of Dollars and Has Come Back to Play the Stock Market Again... The OCCUPY WALL STREET Movement was In Reaction to This Bailout of the Super Rich...
Sally Said: "I believe It's Time to Actually DO the Things President Ford Suggested... Carpool, Plant Victory Gardens, Go on a Diet and Buy Less Food, Keep Your Cars a Few Extra Years... You Know, Common Sense Thrift."
and Billy Said: "Nope. Not for Me... I just got this New Job at Higher Pay and I'm Just Going to Continue Shopping! I Can Afford It!"
and Sally Replied: "Oh That's Great for YOU but I'm Actually Being Paid LESS than I was Before... Inflation is Greater Than Wage Increase... So The Bottom Line is... When I Go Shopping, I Come Home With Less."
and On FaceBORG:
SG Said:
"That’s why throwing stimulus checks out by the trillions gets you votes in the short term but the consequences of doing so hurts the consumer in the long run."
Really? Did the Stimulous Checks Actually Have anything at all to Do with Inflation? NO... That's Just a Billionaire "Talking Point" designed to distract the Public from the Actual Cause... Which Is: More people getting Higher paid Jobs. That Allowed The People that Set Prices to Raise Prices... Because People Can Afford To Pay More...
Headline: Elon Musk has told Tesla employees to come back into their respective offices at least 40 hours a week or leave the company.
AW Said:
I think many will leave. Competitors are becoming way more flexible and it seems like a requirement in order to retain and win talent. On the flip side, the job market has cooled off quite a bit lately. I’ve seen many recent layoffs in tech…
I said:
MANY People will Question IF Tesla is the Best Place to Work. Should I Take a Job with a Shorter Commute? or No Commute at all? Reality: Driving in a Car 2 Hours a Day is a Horrible waste of Life. 2 Hours that you could use to do something Valuable... Like Playing with your Kids... or Learning to Play the Guitar... or ANYTHING!