This blog is so in the wrong place, lol.
Update: As I said inflation is bullshit. It is reported as the highest in 40years. Prices are going up, but so is pay. When it all works itself out the general public will be 1 of 2 things better off or worse. If you see war and unions remain strong and globalization remains the worker will be better off. If you see deglobalization and war is temporary or a digital currency happens the normal person is screwed. What is inflation? It is not enough crap to buy when it is wanted. Inflation right now is temporary. Why? Everything shut down at the same time everyone panicked and bought everything. After those bumps are worked out will inflation keep going up? No. Why not? People can’t afford shit. There is a ton of money and guess who has it all. Not you and me. If we don’t have money, we no buy. We no buy, we no have inflation. We no have inflation because there be alot of crap available that no one can afford.
Well so far so good on my predictions. Inflation scares everywhere but nothing actually happened. You see wages going up cause low wage jobs can’t find workers. Duh. Companies fired everyone now want them back at the same price when trillions were pumped into the economy. That deal is bullshit. The money flew right to the top rumg and they want to maintain the status quo. Except workers aren’t having it. So what do businesses do. They give bullshit raises then raise their prices to maintain their profit margins. People are so stupid and greedy. This entire mess is an easy fix. Raise your wages and keep your prices the same. Don’t make so much money as a business. Boom you have happy employees and a business that makes a reasonable amount. Nope won’t happen. So again inflation won’t happen.
So I’m reading about inflation. Or blowing things up. Is it going to happen or not? We gave out to much money they say. Think about inflation like this. Money is your breathing and each country is a balloon. If you blow to much air in one balloon it gets bigger. It will look weird to all the other balloons who appear much smaller. This is the same with economies.
If you blow money into an economy it inflates. Here is the difference this time. All countries blew into their balloons at the same time. They injected what they call money into their country. This will result in nothing overall. It all offsets. There will be no inflation that is perceived. What i mean by this is wages and prices will go up. This is because the actual number of “money” is larger. However the level of living, i guess you would call it, will stay the same. Think about it logically. If I inflate my balloon,and my neighbors inflate theirs, what is different. We all just have bigger balloons, but the comparison is equal.
You want to know the great equalization. This global tax they are talking about. If that happens and actually hits all countries it levels the playing field. Then inflation happens because pay changes for all employees. Those that were getting screwed have a new starting line. Thats when fair becomes an actual term and not a political one. I hope that day comes. This is not for me though as I am American. This will screw me. All this is relative and simple if you think it out slowly and logically.
Side note coronavirus virus is not over. There is still 2-3 years of poop to go thru. The world is changing.
Rambling Lab 