Evil Is Itinerant on Nostr: The reason why people don't think inflation is low is because prices aren't pegged to ...
The reason why people don't think inflation is low is because prices aren't pegged to inflation, so for the average American who thinks they are, there's been a massive increase in prices. That's down to corporate greed, but the average American doesn't understand that. Which means that continuing to harp on the "inflation is so low, why won't you proles just realize how good you've got it?" line is not a winning strategy. And the solution is not to communicate more effectively that inflation is low, it's to tackle corporate greed. But since most politicians are bought and paid for by corporations, that's unlikely to happen.
Published at
2024-01-23 02:48:58Event JSON
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"content": "The reason why people don't think inflation is low is because prices aren't pegged to inflation, so for the average American who thinks they are, there's been a massive increase in prices. That's down to corporate greed, but the average American doesn't understand that. Which means that continuing to harp on the \"inflation is so low, why won't you proles just realize how good you've got it?\" line is not a winning strategy. And the solution is not to communicate more effectively that inflation is low, it's to tackle corporate greed. But since most politicians are bought and paid for by corporations, that's unlikely to happen.",
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