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by sharts 1116 days ago
Corps are always inherently greedy. 2020 is when corps started blaming the working class for receiving pandemic aid to stay afloat and started price gouging. Nevermind a decade of low interest rates propping up garbage corps and inflating markets.

Has there even been "low inflation" since dropping of the gold standard?

2 comments

> Has there even been "low inflation" since dropping of the gold standard?

The inflation between 1968 and 1970 (during gold standard) was above 4%, which is higher than the inflation has ever been between 1992 and 2020.

Yes, and then during the 2007-2008 recession, there was even a brief deflationary period, so it's not the gold standard that's the issue.