• originalucifer@moist.catsweat.com
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    11 months ago

    is ‘the economy’ just cover for ‘people who own stocks’? are they really ignoring the plight of the common man because some rich peoples stocks are a-ok?

    no that can of water did not double in cost to market, but youre going to pay for it like it did.

    feels like inflation has pointed out to the common man what a farce ‘the economy’ is.

    • Poggervania@kbin.social
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      11 months ago

      It’s because the USA’s corporate owners like to obfuscate shit like that. The economy is doing well if all you’re looking at is GDP, stock market, and how profitable companies are.

      However, a quick look at the Consumer Price Index shows how fucked the economy is for the citizens - but you never hear about the US’s really bad CPI score and how inefficient most markets are in the US.