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b_b · 1337 days ago · link · · parent · post: Powell set to deliver ‘profoundly consequential’ speech, changing how the Fed views inflation
Inflation has a lot to do with money supply in normal times. Unfortunately all the new money has gone to a small percentage of firms and therefore not caused inflation in the same way it would had the money been more evenly spread around. Not sure what the fed can do different this time, since it's up to companies to increase wages when they have a lot of money, but I don't think we've seen any evidence that's going to happen.
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user-inactivated · 1336 days ago · link ·
Nonono. They're the exception to the rule cause they're a totally magical company that'll eventually turn a profit and then corner the market cause once they start making money, every other car manufacturer will be made irrelevant over night. It's bound to happen any day now.