Purgid

joined 1 year ago
[–] Purgid 4 points 1 year ago

Oh, shocking, the Economist is defending late stage capitalism.

This article is bullcrap, and the best explanation for inflation continues to be a mix of current supply shocks and expectations of future inflation, which allows producers to raise costs because consumers are anticipating that costs will raise.

Everything else is a guess. There is NO economic consensus on why inflation comes in surges.

[–] Purgid 1 points 1 year ago

That's how I'm doing it too - overwrite everything, then once I can confirm it hasn't been reverted, purge the account. Fuck the way Reddit treated the mods that made their business possible.