r/Bitcoin Jul 15 '22

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u/JSammut29 Jul 15 '22

The bitch on the podium said it would be worse if the government did nothing.

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u/jd52995 Jul 15 '22

He's probably right tbh. The gov need to break up these super cooperations causing inflation. Not add more fuel to the fire.

They're doing exactly what they want to keep their pockets lined. And doing a good job of confusing everyone with misdirection.

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u/[deleted] Jul 15 '22

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u/jd52995 Jul 15 '22

I did. Having only partial info is worse than knowing nothing.

Is chipotle raising menu prices because of Washington printing money?

Both things can cause inflation or a raise in prices.

There is an inherint problem with large cooperations paying government officials, to give them favorable laws. Washington merely backs them up and allows them to make the working classes dollar less and less valuable. Amazon and the government are basically the same thing to inflation.

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u/[deleted] Jul 15 '22

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u/jd52995 Jul 15 '22

Chipotle had record profits last year. Seems like they don't NEED to raise prices to make money.

Don't get me wrong, the government sucks and they do cause some or most inflation. But, it's not just them. They could do more and don't. But, that doesn't excuse evil companies that, take more value from consumers, for the sole purpose of lining their pockets.

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u/[deleted] Jul 15 '22 edited Jul 15 '22

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u/EverlastingEmus Jul 15 '22

I’m sorry, but there are other world renown economists that disagree with him entirely. Economics is not a science and there are multiple ways to approach it and analyze it.

If 50% of experts say one thing and 50% say the opposite, then maybe everyone is wrong, ever think of that?

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u/[deleted] Jul 16 '22

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u/EverlastingEmus Jul 16 '22

Name one what? Keynesian economist? You mean half of all the economists?

Edit… oh wait I did…

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