this post was submitted on 27 Oct 2024
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chapotraphouse
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But @[email protected] if you would just look at my handy graph here you will see that (excluding groceries, utilities and housing) prices are actually going down (by which I mean they are increasing slower) and (excluding a few select sectors) wages are going up! (Almost putting them at the level they were at several years ago, calculated for inflation) Also the stock market is doing great! (Excluding the billions lost on cryptocurrency and the billions that will be lost on AI and the billion-dollarvaluation of Intel and the fact we're growing by less than we're spending)
Ever since someone framed the market as just a measurement of rich people's feelings, it's made a lot more sense