I have a fuckton of Democrats and Liberals crying about the unemployment rate. Do you want me to start posting them or do you actually have a memory that lasts longer than 1 year?
yachts
Its not yachts. We’re talking about people’s jobs and livlihoods here. Its a terrible price to pay if we get this wrong, so in many cases people err on the side of inflation.
Its better to get inflation (which is annoying but something we all can ultimately survive) than to have deflation + job losses.
Replace each instance of the word “economy” with “rich people’s yachts” and this comment makes a LOT more sense.
I have a fuckton of Democrats and Liberals crying about the unemployment rate. Do you want me to start posting them or do you actually have a memory that lasts longer than 1 year?
Its not yachts. We’re talking about people’s jobs and livlihoods here. Its a terrible price to pay if we get this wrong, so in many cases people err on the side of inflation.
Its better to get inflation (which is annoying but something we all can ultimately survive) than to have deflation + job losses.
(fast comment male voice) This proceeding comment was paid message brought to you by Goldman Sachs.
(Women’s voice read slowly) Goldman Sachs, because fuck Detroit and fuck your pension.