• variaatio@sopuli.xyz
    link
    fedilink
    arrow-up
    30
    ·
    edit-2
    1 year ago

    Like the one recent CEO saying the quiet part aloud by saying government should promote higher unemployment, since in the high employment environment employees aren’t desperate and have more demands costing him money. That employees arent feeling enough pain and despair in economy.

    • DogMuffins@discuss.tchncs.de
      link
      fedilink
      English
      arrow-up
      13
      arrow-down
      1
      ·
      1 year ago

      To be fair, this isn’t that far away from the economic theory underlying using interest rates to manage inflation - it’s just phrased in a different way.

      • SmoothIsFast@citizensgaming.com
        link
        fedilink
        arrow-up
        5
        ·
        1 year ago

        That’s the problem with fractional reserve banking it’s making up money for those who lend theirs. It’s about extracting value from those who work for those who accumulate. It’s not a tbf, it’s a this is also an issue in every area of our society.