Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Political Discussion
Reply to "May CPI 8.6%"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I’d call this the best indicator yet of a surging economy. People have way more money, they’re spending like crazy, and goods can’t be kept in stock. These are very good times. [/quote] That's exactly why there's inflation clown..too .much money in the system causing inflation. Maybe you missed the news, but real earnings for workers are now negative and are going down because of inflation. This is terrible. [/quote] DP That’s why we need a livable minimum wage or a UBI. It would keep those people in a comfort zone where inflation is less of a factor. Think about it - what if everyone could be guaranteed a minimum income of $80k or so? That would totally eliminate all poverty overnight. There’s plenty of money out there - it’s just that too few people have too much of it. Spread it around, I say. [/quote] Someone has never taken basic economics 101. All UBI would do at this point is worsen inflation. It makes savings worthless and will ruin everyone's entire life's savings. It will obliterate people on fixed incomes. When inflation becomes out of control, lenders will also stop lending money because no one will lend money for losses in real terms. The entire economy gets sent back to the stone age. So democrats' solution to combat inflation is to give people MORE money? Absolute Insanity. [/quote] Blah blah blah blah… racist boomer talking-points. Go away, oldster. [/quote] We’d like to go away. But you can’t afford our nursing homes anymore![/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics