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They aren't gonna stop are they?
(lemmy.dbzer0.com)
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This is the fucking hilarious part of inflation.
Yeah. There’s more money. And nobody has it except a handful of scum.
"Libertarians" and BaSiC eCoNoMiCs guys blame inflation on "printing money," but they don't like to talk about who the printed money went to, which is the real problem. Wall Street and big corporate was bailed out in 2008, that's where the expanded money supply was concentrated into.
To continue…and liberals don’t like to talk about how capitalism requires the theft of wealth from the working class via surplus value and that in order to get rid of this class subjugation and oppression we need to get rid of the system that breeds it - capitalism. The workers need to take back the very thing that is oppressing them - the means of production/private property. When in private hands it benefits the private individuals. When in the hands of the working class - it benefits all….and the formerly bourgeois class are absorbed into the working class (aka there are no more classes)….which is the thing they fear most. This is why they teach you to parrot anti-communist propaganda through all of their propaganda channels.
The problem still seems to be governance. Like even in that system some of the workers are involved in regulating the infrastructure of production and that necessarily means that one person is telling a lot of people what they can and can't do. We don't really have a way to do this that doesn't involve hierarchy. And our little monkey brains love a hierarchy.
So that's the real problem of communism. Because otherwise it is a better system and it should beat capitalism. Unfortunately because capitalism is better at concentrating resources into fewer hands it's better at defending itself from fairer systems.
Also the US having had little physical damage after ww2 meant that the capitalist had a much better base from which to perpetuate itself.
A lifetime ago I heard that "inflation is good actually, because it allows for economic mobility" as in people without a lot of money get more of the "new" money and so get to join the "middle class" (not a real class, but an income bracket).
Turns out the rich plugged up that little leak in tiny bit of wealth that actually did trickle down.