this post was submitted on 12 Feb 2025
441 points (98.9% liked)

politics

19958 readers
5254 users here now

Welcome to the discussion of US Politics!

Rules:

  1. Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.

Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.

Example:

  1. Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
  2. Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
  3. No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
  4. Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
  5. No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

That's all the rules!

Civic Links

Register To Vote

Citizenship Resource Center

Congressional Awards Program

Federal Government Agencies

Library of Congress Legislative Resources

The White House

U.S. House of Representatives

U.S. Senate

Partnered Communities:

News

World News

Business News

Political Discussion

Ask Politics

Military News

Global Politics

Moderate Politics

Progressive Politics

UK Politics

Canadian Politics

Australian Politics

New Zealand Politics

founded 2 years ago
MODERATORS
 

Summary

Inflation in the U.S. rose 3% in January, with rent alone accounting for 30% of the increase.

Egg prices soared due to avian flu, worsening grocery costs.

Despite pledging to lower prices, Trump blamed inflation on Biden and foreign countries while avoiding specifics on his plan.

In a Fox News interview, he dodged questions about when prices would drop, instead citing trade deficits. The White House press secretary confirmed that the administration has no clear timeline for addressing the rising cost of living.

you are viewing a single comment's thread
view the rest of the comments
[–] TropicalDingdong 37 points 1 day ago (2 children)

inflation is capitalist code switch for price gouge

[–] [email protected] 5 points 20 hours ago (1 children)

If the government slaps a 25% increase on the price of your imports then you expect a 25% increase on the price (assuming you're selling imports directly - like PC parts).

It's not rocket surgery.

[–] TropicalDingdong 8 points 20 hours ago

then you expect a ~~25~~ 35% increase

ftfy

[–] [email protected] 10 points 1 day ago (1 children)

Not necessarily. But I'm curious what's the equivalent on the utopian alternative to capitalism. Is there currency at all, and if there is, does the government set prices and the exchange rate like in the former Soviet Union?

[–] partial_accumen 12 points 1 day ago

But I’m curious what’s the equivalent on the utopian alternative to capitalism. Is there currency at all, and if there is, does the government set prices and the exchange rate like in the former Soviet Union?

In all definitions of a utopian society I think we're talking about a post scarcity world. If you're casting far enough into the future, we have infinite supplies of clean energy and technology to take that energy and directly turn it into any kind of matter we desire (like Star Trek replicators). At that point, why would your society need money?

Obviously there are lesser versions of that of post-scarcity where at least anyone's basic needs are met (food, shelter, clothing, healthcare), and anything you want beyond the basics would require extra effort on the part of the person. This version would have something like UBI (Universal Basic Income) and, yes it would have money. There wouldn't really be a need for any kind of price fixing because anything you'd want to buy would not be required for life or health. There would also be no requirement to work if you are satisified in life with just food, clothing, shelter and healthcare.