Have you shopped lately ? Prices are insanely high Printing money like crazy tends to do that. Energy prices are crazy high ,( Thanks Brandon ) which in turn makes everything cost more.
I've seen driving jobs wanting to pay 19dollars an hour. Minimum wage is close to 15 an hour. It's crazy .
He lives in Tel Aviv.
Oy Vey !
Migrant workers.
If you think of prices in terms of percentages the price is pretty constant or even decreasing. It also makes it more clear how printing money affects prices. You can print ten bazillion dollars and it doesn't change the value of anything. The reason the elites do it is because inflation isn't instant. The people that receive the newly printed money (government and banks) get to spend it before inflation has set in. They get to buy things at the old price with the new money. It's only afterwards that we get socked with the new prices and none of the new money.
For example, instead of thinking of gas being priced at $5 per gallon, think of gas being priced at 0.000000000023% of all dollars in circulation. That would work out to $3.55 in February 2020. The value of the gas didn't change it's still worth a certain percentage of the total economic output.
Yes.
printing money
That's one of the additional things I noted but didn't get to. I made a post about this yesterday. Min Wage is like $7.35 or something.
In my State , Min Wage is 14 and change
(post is archived)