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Fed Confronts a ‘New World’ of Inflation
Central banks had a longstanding playbook for how inflation worked. In the postpandemic era, all bets are off.
The global supply of goods has been curtailed by one issue after another since the onset of the pandemic, from lockdowns in China that slowed the production of computer chips and other goods to Russia’s invasion of Ukraine, which has limited gas and food availability.
I agree though, whilst the left, pink haired psycho mob roam the streets, prices will skyrocket and it'll be blamed on the unrest, which benefits the social engineers because more social restrictions can come into play, yayyyyyy.
originally posted by: MiddleInsite
Well, to be fair, a $7.50 minimum wage is hardly that.
It's more like a slave wage. So, comparing a seven dollar bag of chips to slave wages makes no sense to me.
And do people actually work for $7.50? I don't know one person who would. Do you?
a reply to: JAGStorm
originally posted by: Joneselius
I hope not because peoples mental state at the moment is truly, truly scary, a missed meal may cost someone their life....a reply to: JAGStorm
American trucker going on about the lack of loads that were available to shift and how in the last 20 years he had never seen this before
ps you look a lot younger than i imagined
originally posted by: lordcomac
I heard we're getting more Biden bucks though!
Enough for ten bags of Doritos, even.
originally posted by: JAGStorm
a reply to: nugget1
What is old is new again, canning!
I’d like to remind people of other food preservation techniques-
Drying/dehydrating
Salting
Fermenting