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Finally... A Light Exposed On The Cause of Inflation.

EatTheRich

President
nah. there are plenty (of immigrants) the east is awash with displaced Ukrainians...very cpable and willing..


anyhoo... automation.... boop. bye bye coffee people (for example)
If replacing workers with “automation” were economically feasible it would have been done decades ago.
 

Zam-Zam

Senator
This isn't the 1950's, ZZ- as much as you and your brethren want.

The economics are far different now- with corporations/social media about to take over your life.

Keep on whistling in the woods while it slowly takes hold if we don't do something about it.

Why would you want to be ruled by the few and powerful? Is it because you agree with the government turning the homeless, the out and out into slaves just because you're sick and tired of seeing and reading about them?

Humanity/humility

1669923166900.png1669923170698.png1669923174962.png


:D
 

EatTheRich

President
Right, inflation is caused by free market capitalism.
Or any other approach that causes the money supply to rise faster than the supply of goods and services. So you want a comprehensive solution to it, do as the Chinese did when facing rapid inflation after 1949:

1. Seize the excess wealth of the capitalists and landlords and use it to reduce government debt.
2. Go on a gold standard to provide a stable basis for monetary valuation.
3. Through state planning, establish sustainable rapid industrial expansion based on state-owned industry.
 
Or any other approach that causes the money supply to rise faster than the supply of goods and services. So you want a comprehensive solution to it, do as the Chinese did when facing rapid inflation after 1949:

1. Seize the excess wealth of the capitalists and landlords and use it to reduce government debt.
2. Go on a gold standard to provide a stable basis for monetary valuation.
3. Through state planning, establish sustainable rapid industrial expansion based on state-owned industry.
The gold standard is total bullshit.
Gold is just a Shiney rock.
 
Here's the deal Professor Einstein - It is ALWAYS going to be those at the bottom of the economic ladder that suffer the most when times get tough. My economic sacrifice? Maybe we'll wait until 2024 to remodel the guest bathroom and have to pay a bit more for gas and groceries in the short term. Since we invested prudently and built up a nice multi-year bucket of living expense money we're not going to even have to sell even a single share of stock. I'll own at least the same percentage of the nations wealth as I did before inflation hit. My complaint - when the economy is good I benefit more and it it not good now.

You? These interest rate increases are going to make it more expensive for you to get a car loan or buy a house or harder to find a job if your parents decide to kick you out of the basement.
So you are pro-inflation.
 

PNWest

America's BEST American: Impartial and Bipartisan
How many jobs will automation replace in 2023?
Lots and lots and lots of unskilled labor. They'll make things faster, better and cheaper than the minimum waged people that they will replace. Welcome to America.

Oh and by the way - that will help bring inflation down too. A win all around except for the people with no real skills.
 

write on

Senator
Lots and lots and lots of unskilled labor. They'll make things faster, better and cheaper than the minimum waged people that they will replace. Welcome to America.

Oh and by the way - that will help bring inflation down too. A win all around except for the people with no real skills.
It will bring inflation down on the backs of those 'unskilled workers'.

Then what? Will we see what's happening in China realtime?
 
Lots and lots and lots of unskilled labor. They'll make things faster, better and cheaper than the minimum waged people that they will replace. Welcome to America.

Oh and by the way - that will help bring inflation down too. A win all around except for the people with no real skills.
Yea... automation isn't going to fix the labor shortage and drive down inflation in the foreseeable future.
 
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