• upbeatWave@lemmy.dbzer0.com
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    1 day ago

    Nailed it… inflation is godsend for corporations as they can raise their price above inflation and just blame on inflation as the root cause of everything

    • toastmeister@lemmy.ca
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      24 hours ago

      Also the fact its usually from government stimulus, and the CPI dramatically undercounts real inflation. Rent up 50%, food and restaurants up 50%, yet somehow inflation was only 20% the last 5 years according to Stats Canada.

      Goods prices rose, our government does mass immigration to keep salaries depressed; this turns into economic growth as more people are employed for less money and we’re all individually poorer, as capital shallowing is occurring due to central planning.