Ryan Sean Adams (rsa.eth)
@rsa.eth
Let's blame grocery stores for inflation rather than the $5 trillion in printed money during covid. Politicians assume we're dumb. We're not dumb we're buying crypto.
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Jared 🎩
@javabu.eth
Isn’t it both? The vast majority of corporations raised prices under the guise of inflation.
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Ryan Sean Adams (rsa.eth)
@rsa.eth
sure, but i mean it's so disproportionately one over the other it's barley worth mentioning the other - unless you're trying to delude people and abdicate your responsibility as a politician
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Jared 🎩
@javabu.eth
What percentage would you say was caused by covid relief policies compared to corporate greed? It’s hard for me to agree that giving low and middle income people a few thousand dollars disproportionately caused this level of inflation.
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sammym
@sammym.eth
yeah exactly, and I imagine he won't reply to this because you're right. Much cooler headline to say omg covid money printing
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Jared 🎩
@javabu.eth
Easier to blame the government than corporate greed. Yes, we are overprinting $$ but calls for austerity cuts will be on the backs of people not corporations. This narrative will allow that to happen. 1396 $DEGEN
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JGrav
@jgrav
The classic “corporate greed is what causes all our problems”. As if corporate greed just started in 2020 when the government just printed trillions. Definitely corporate greed.
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Jared 🎩
@javabu.eth
It doesn’t cause all problems but does cause the majority of them. “Over half of this increase (53.9%) can be attributed to fatter profit margins” https://www.epi.org/blog/corporate-profits-have-contributed-disproportionately-to-inflation-how-should-policymakers-respond/
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