Try the Australian method. Raise interest rates with the hope that a lot of the population will have less money now and this will lead to spending habit changes that force prices down. That is bound to work especially when it comes to essentials like groceries. Actual outcome
But yes it does mean that people have less money now.
Sorry guys forgot to turn off the inflation switch when I went to pee
Again!? One more time and we’re going to have a serious conversation!
I’m pretty sure all of those are real headlines (came across a completely fake NYT headline and writer on X lately - take this as a reminder!) - the last one is for sure, at least: https://www.theatlantic.com/ideas/archive/2023/12/inflation-prices-buying-habits/676191/
INFLATION IS YOUR FAULT If people are so mad about high prices, why do they keep buying so many expensive things?
By Annie Lowrey
It’s really unreasonable how I continue to require food each and every single day despite many attempts to just not.
Sorry everyone! Didn’t mean to let you all down. Will try harder next time.Yeah, haven’t you ever tried not eating? Or better still, what about just not living! Don’t knock 'til you’ve tried it serfs.
Please stop breathing while you are at it. You are causing global warming!
/S
https://fred.stlouisfed.org/series/M1SL
I guess I’m the one who printed all the money since 2020.I don’t even read the Atlantic articles
SPEND MORE MONEY YOU POOR FUCKS. YOU CAN’T EXPECT THE 1% TO HELP!
That’s not what the last article is saying at all. It’s saying the opposite. I know you didn’t make this meme, but do you kids even know the definition of inflation.
4th panel should be:
“This is related to my favorite obsolete funkopop novelty store”
Ha! Eh, kinda sorta.
This is more related to the corruption on Wall Street and associated regulating agencies.
The fact of the matter, at the end of the day and what this community is primarily focused on, is that if you/someone you know holds stocks/retirement securities with a brokerage (TD Ameritrade, Robinhood, Schwab, etc…), you do not - unequivocally - actually own those shares. That lack of true ownership equates to gargantuan loopholes and widespread fraud. It’s known as “street name” registration.
Street name
Registration under which securities maybe held by a broker on behalf of a client but be registered in the name of the Wall Street firm.
https://www.nasdaq.com/glossary/s/street-name
About 83% of people in the markets have “their” stocks in “street name” registration.
Cede owns 83% of all issued stocks in the United States.[6] The other 17% of all issued stocks is owned by directly registered holders through the direct registration system.
@Zuberi is allowed to post memes related to the broader economy –– they don’t have to be specifically about GameStop. If you want, I can make a connection though: supply and demand. Refer to the comment and citation by @Pogogunner on the increase in M1.
The banks have been printing more money (demand), but there is still the same amount of stuff to buy (supply) –– so everything costs more. Short sellers print more shares of companies (supply), but there is still the same number of shareholders (demand) –– so the shares cost less. The high price at the grocery store and the low price of GameStop are both fake –– to the detriment of everyday people who shop and invest.
It’s clowns all the way down. Just ask Paul Clownman here.