• HubertManne@kbin.social
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    7 months ago

    For me my everyday prices have doubled but my wage has not. I don’t know whos wage it is that is keeping up with inflation. Oh wait is that the one where they cut out all the purchases people have to make everyday?

    • Broken_Monitor@lemmy.world
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      7 months ago

      I got a “raise” this year but it was half of the rate of inflation. This has happened several years in a row. My numbers get bigger but my money does less. Overall my income is less than when I started even though it looks like more, and I feel like I’m going crazy when everyone around me is happy with the same wage increases.

      • HubertManne@kbin.social
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        7 months ago

        yeah I have been passively looking for a job that will pay what I was getting in 2021 as far as the cost of goods goes and so far most things end when I give my wage requirements.

        • capital_sniff@lemmy.world
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          7 months ago

          Does this site have chats now? I thought it was just posts like an old school forum from like the 90s.

          • HubertManne@kbin.social
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            7 months ago

            I mix up words a lot, but you know. my profile stuff. go far enough and you might find one of mine that mentions the issues we have with inflation go back to when the obama erra interest rate increases where not kept up and indeed were completely reversed. that caused the super heated market and such.

            • capital_sniff@lemmy.world
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              7 months ago

              We have an over emphasis on finance in our system. After off shoring everything for decades we got cheaper goods for a while and with the dollar as the world’s currency we got to export a lot of our inflation. On the shorter time frame we’ve pumped a ton of money into the system. The powers that be could’ve put that money to work building out manufacturing instead the money went into assets and now stocks and houses are really expensive. So basic inflation is going on too much money chasing too few goods and it is because the big inflation has been going on in assets. And the deflation from technology has about run its course, everyone has a smart phone and a flat screen TV.

              This is the end result of 40+ years of pushing the tax burden onto the middle class all in a massive transfer of wealth from the public to the private. The elites have captured the political system to benefit themselves and the rest of us just watch as our institutions are slowly dismantled. Meanwhile what are we investing in actually building? Infrastructure… not really. Better social safety nets… hell no. We are investing in making more weapons… because this is what happens when a small group of elites has too much control in a system we the little guys end up fighting their stupid wars.

              sorry for the long essay.