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Everything I read is inflation is at 8% or whatever but yet that statement is always followed up by X Y and Z are up 13, 18, and 23 percent? I keep hearing we aren't yet in a recession but the market has been on a downhill slide since January and big index funds are pretty much where they were pre covid. How is 6 straight months of negative returns and wiping out 2 years of gains not a recession?

Look I'm not very smart and I don't understand how all this shit works but none of this makes sense in my little pea brain.

So how bad is it really?

Everything I read is inflation is at 8% or whatever but yet that statement is always followed up by X Y and Z are up 13, 18, and 23 percent? I keep hearing we aren't yet in a recession but the market has been on a downhill slide since January and big index funds are pretty much where they were pre covid. How is 6 straight months of negative returns and wiping out 2 years of gains not a recession? Look I'm not very smart and I don't understand how all this shit works but none of this makes sense in my little pea brain. So how bad is it really?

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[–] [deleted] • 0 pt

We've been lied to about the most basic fundamentals of the economy. We're told it's a free market, but the government interferes an increasing amount every year. We're told that our monetary system is run by the Federal Reserve, when in reality it's run by international private banks. Even if you come up with an accurate estimate of inflation, it doesn't account for any number of new ways they are going to fuck us in the ass. And there will always be new ways because due to exponential growth it becomes more and more difficult to hide the fact that economy/monetary system is little more than a ponzi scheme.