RockyTop85
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- Dec 5, 2011
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Captain D's down the road hiring folks at $15...I understand your disagreement.
There will be cycles up and down in all economic sectors. But the trend is going up and it will continue to do so. Especially when government money continues to be printed.
You will be starting receptionists in the $25 per hour range soon (a few years).
Bringing it all back here will add even more to your consumer costs.
At some point, either there is no more money or it worthless.Or we spend trillions in military spending to counter a Global Power adversary. I will take my lumps now rather than later. But unfortunately with DC 5 decade Open China policy, we are behind the chains. Big Time. We already see the CCP influence in our political/corporate system.
Just like the US cutting oil to Imperial Japan, which frankly was fine by me.
I’m not sure about that. Do a quick Google on the impacts of a deflationary economy. Believe it or not that 0-2% target has some thought behind it. 1.02^10 = 1.22 or a 22% rise per decade. Conversely 0.98^10 = 0.82 or a 18% drop per decade. And horribly 1.07^10 = 1.97 or a doubling per decade. Nobody wants either of those last twoIsn't this a rather manipulative Ponzi scheme?
I’m not sure about that. Do a quick Google on the impacts of a deflationary economy. Believe it or not that 0-2% target has some thought behind it. 1.02^10 = 1.22 or a 22% rise per decade. Conversely 0.98^10 = 0.82 or a 18% drop per decade. And horribly 1.07^10 = 1.97 or a doubling per decade. Nobody wants either of those last two
I don't know.
How many people are willing to make less if things cost less? [Rhetorical]
Like ND40 said, deflation is bad. And stagflation is derided. Seems like the only flation we agree on is INflation.
Problem is that the majority want him around. Democrats and media need him as a whipping post and his ever-diminishing followers want him back in the White House. Put those two groups together and Trump remains center stage.