this post was submitted on 10 May 2024
1152 points (93.6% liked)
Political Memes
5491 readers
2470 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
That doesn't answer my question. Prices might be high, but when you just give people more money, they will grow higher. Why wouldn't they?
That's just greed. They're doing that already. Prices right now are crazy high, BUT guess what else is? PROFITS. Record profits everywhere. That shit should be illegal.
Are the record profits still record after being adjusted for inflation?
Money is worth less now than it was this time last year.
Let's say a profit of $1000 last year is equivalent to a profit of $1200 this year.
Have you made $200 more this year? Well, technically yes but it doesn't quite have the same purchasing power as it would have if you made it last year instead
You think our wages keep up with inflation?
Yes, record profits after inflation. Don't simp for the corporations, they don't give a fuck about you. They'd rather see you die than give you a penny.
Minimum wage does not increase inflation.
Minimum wage reacts to inflation.