897
submitted 2 years ago by zephyreks@lemmy.ml to c/worldnews@lemmy.ml
you are viewing a single comment's thread
view the rest of the comments
[-] variaatio@sopuli.xyz 30 points 2 years ago* (last edited 2 years ago)

Like the one recent CEO saying the quiet part aloud by saying government should promote higher unemployment, since in the high employment environment employees aren't desperate and have more demands costing him money. That employees arent feeling enough pain and despair in economy.

[-] DogMuffins@discuss.tchncs.de 13 points 2 years ago

To be fair, this isn't that far away from the economic theory underlying using interest rates to manage inflation - it's just phrased in a different way.

[-] SmoothIsFast@citizensgaming.com 5 points 2 years ago

That's the problem with fractional reserve banking it's making up money for those who lend theirs. It's about extracting value from those who work for those who accumulate. It's not a tbf, it's a this is also an issue in every area of our society.

this post was submitted on 06 Oct 2023
897 points (100.0% liked)

World News

37141 readers
426 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS