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User Info There Are No Coincidences; entered at 2019-08-13 11:26:06
Whitehat
Posts: 1255
Registered: 2017-06-27 Gone West
Quote:
rapidly rising wages lead to "wage-push" inflation that cannot be hidden through lying in the consumer price index reports which means higher interest rates and that chokes off deficit spending immediately.

probably the most seldom understood relation, yet probably one of the most important after the necessity of mark-to-market asset prices...

Karl, this is so important for people to understand that it requires much more focus. i have been banging my head against the wall for decades to get people to understand this relationship and how it extends to preventing people from being able to save in more pedestrian fashion.

more lives have been ruined, wasted and made miserable by this relation that you describe than anything else in history. now we have prices go up as wages go down all so politicians can buy votes and make a few rich and influential bastards rich.

not ****ing joking here, average people are now beginning to say to me that the next big war will fix everything economically. what i warn people about is now a preferred solution. either it is getting out there viral or people are just evil.
2019-08-13 11:26:06