Well, we kind of need deflation to happen because the alternative is rising wages and that’s not fucking happening.
We need to do what Harris had stated, and go after all these companies price gouging like we are still in the middle of the COVID pandemic. And that is now only going to get worse with a con man in office set on making himself, his companies, and his friends (which is anyone that says nice things to him) as rich as possible by extracting what remains of the working class. They are going to weaken/dismantle unions, and likely start mass death/slave labor camps for the poor.
He is also going to use his new position of power to pass laws to shield crypto scammers, and use his new crypto platform to undermine the US dollar and try and force more people to his crypto grift run by some of the worse humans around. And use his NFT/crypto stuff to openly except bribes to sell off the US to the highest bidder so when his dementia gets bad enough they put JD in charge he can live out the rest of his days being fed liquid cheese burgers on a golden spoon.
I imagine Vance goes in around the two year mark so he can have three terms.
Not sure JD would get any additional terms, the cult might want to install either Jr. or Eric and start a “royalty” line of succession. And hope that Ivanka enjoys the hellscape she helped usher in for her daughter, and women everywhere.
Deflation just means everyone is already starving. Deflation isn’t the start of a process, it’s the result of massive failure. Just like inflation doesn’t happen the second money is printed, it has to circulate before price inflation is a thing.
What we need are labor groups, and taxes on companies who use government benefits as part of their wage calculation.
In short, never try to make prices go down, instead make wages go up, and make competition control prices.
Deflation isn’t the start of a process, it’s the result of massive failure
We’ve already had a massive failure. The economy doing great and yet everyone’s broke? Such a blatant lie! Time to acknowledge and lower prices to end food waste.
Everyone is broke, but still buying everything in the economy? Sorry, time to acknowledge the reality that life is just hard. Deflation happens after it gets really bad.
