Yeah, we already knew that. It’s been that way since at least COVID. The whole “the economy is doing great” is completely detached from what people are actually experiencing. The stock market may be going up, but in real terms, everything else is worse off.
You’re going to need to look back decades further than that.
Yeah, that’s more me dating myself than an accurate commentary on the world.
It’s a scam and has always been since trading futures was allowed. Even then it was structured terribly
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Wait, so… Same as it ever was, then? Ah.
We needed a “top economist” to point this out?
Media loves to label people top doctor, scientist, economist, lawyer, it means nothing.
We need the proctologists to weigh in. As bottom doctors, they’re experts at dealing with random shit.
its the effect of the unbalanced wealth. To much money is saved or invested rather than being used. Moneys value is in its use. We are getting to the point where only 10% of money represents actual purchasing and usage but it should really be above 20%. Honestly I don’t think the numbers are even that good because I think much of the velocity is at the high end which is more distored than typical goods.
The way it’s been fucked over by insiders for so long was a telling sign.
