I’ve come to the conclusion that overall inflation is coming close to 200% on the random day to day expenses because something is not adding up here
Life_IRL
Submitted 1 year ago by cm0002@lemmy.world to [deleted]
https://lemmy.ml/pictrs/image/3f2d2ec4-f531-497f-8994-a81949fc82f4.jpeg
Comments
passiveaggressivesonar@lemmy.world 1 year ago
Droggelbecher@lemmy.world 1 year ago
The ‘value’ of money has never been determined by how much a common person can get for it.
MutilationWave@lemmy.world 1 year ago
In your view, how is the ‘value’ of money determined?
random_character_a@lemmy.world 1 year ago
Base inflation is generated, because money gets printed without connection to any real resource and because banks can loan money they don’t have, so they are generating income from nothing.
Entities in the beginning of the monetary flow i.e. banks are not affected, but entities in the end of the money flowi i.e. consumers are constantly loosing value of their savings.
jared@mander.xyz 1 year ago
Fuck money!
Dorkyd68@lemmy.world 1 year ago
I get paid> immediately calculate disposable income> illness,vehicle repair >house repair come up= broke again ==extra bummed
rockerface@lemm.ee 1 year ago
The system is working as intended