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by tardedmeme 29 days ago
That's just inflation, which is primarily controlled by the government via the money supply. It doesn't mean anything. What does mean something is the severe deflation in wages and consumer goods - why is all the money printing remaining in the rich person's realm instead of trickling down?
2 comments

Inflation is not up 4x in the last 10 years...
Depends what you measure. I already said it hasn't been affecting wages or consumer goods and that's weird.
Very, very few things even in isolation have inflated 4x in the last 10 years.

But as for this

> why is all the money printing remaining in the rich person's realm instead of trickling down?

Always has been, it's kinda one of the defining features of capitalism

> Very, very few things even in isolation have inflated 4x in the last 10 years.

The assets in the S&P 500 have, that's what was brought up.

Right, but that's a separate thing from inflation, so I don't think you can describe it as "that's just inflation".
Prices going higher is the definition of inflation.
Peasants aren't picking up enough shit after the rich to distill traces of gold from it, that's why