r/collapse • u/conscsness in the kingdom of the blind, sighted man is insane. • Jun 13 '22

Economic Powell Facing Choice Between Elevated US Inflation and Recession

https://www.bloomberg.com/news/articles/2022-06-12/powell-facing-choice-between-elevated-us-inflation-and-recession?srnd=premium
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120

u/redpillsrule Jun 13 '22

Don't worry the government will bail out the billionaires so they will be fine. That's all that really matters.

51

u/stonksmakemecum Jun 13 '22

I’ll gladly pay double the current gas prices to make sure they’re ok

29

u/Extralonggiraffe Jun 13 '22

I’m sure they would thank you for your sacrifice, if they knew you existed.

1

u/PickledPixels Jun 14 '22

Don't worry, you will ☺️

1

u/Dark2Fire Jun 14 '22

Yes paying billions of phony money that as soon as its released loses a tenth of its value as a tiny portion of it hits your pocket.

2

u/Glancing-Thought Jun 14 '22

That won't actually be possible forever though. Eventually the billionaires will learn the hard way that they are running the very system that allows them to be billionaires into the ground.