Message from @ᴏᴠᴇʀꜱᴇᴇʀ ꜱᴛʀᴀꜱꜱᴇʀ

Discord ID: 688831239171604623


2020-03-15 19:22:23 UTC  

Are you saying pay is stagnant?

No, im saying more and more jobs are being reliant on global market economy, even tho domestic uneployment is low its not reliant on the country but the situation of the market.

And yes inflation is real.

Dollar isnt as much of worth as it used to be.

And prices are rising.

And if they are not rising you have a stock market crash where then the state goes "mmm money printer goes brrm brmmm"

2020-03-15 19:24:43 UTC  

Sure prices rise but incomes rise faster.

Depends on the sector, and due to the state not regulating the private property as much they regulate inflation it doesnt result in overall improvement.

2020-03-15 19:25:56 UTC  

Well as a whole, we can say incomes have increased.

2020-03-15 19:26:03 UTC  

Some sectors less, some more.

If prices increase by 10% and income by 5% its not a good situation, its more or less a sign of inflation.

Its just a way for the capitalist to cope.

2020-03-15 19:27:50 UTC  

Incomes have risen faster than prices.

I mean it will be more self evident after this whole trade war, russian oil and corona thing is over.

2020-03-15 19:28:41 UTC  

Russian oil?

If the prices rise by 10% lower class incomes rise by 5% and upper class incomes by 20% its an increase.

2020-03-15 19:29:00 UTC  

🆙 | **ᴇꜱᴏᴛᴇʀɪᴄ ꜱᴛʀᴀꜱꜱᴇʀ leveled up!**

https://cdn.discordapp.com/attachments/513098515736690701/688831136750895121/levelUp.png

And due to the global market economy the capitalist use economic imperialism.

So its not much benefit to the state.

2020-03-15 19:29:21 UTC  

We can use median income too

And even less to the workers.

2020-03-15 19:29:26 UTC  

In both cases, average/median income rises.

You know russia imposed an embargo.

And thats why the oil prices fell so much.

Plus now europe will freeze to death lmao.

or go into debt

Sorry, gas & oil*

2020-03-15 19:30:45 UTC  

The reason oil prices fell was because of an increase in supply, a large one by SA.

2020-03-15 19:30:56 UTC  

That's actually beneficial to American consumers and companies.

2020-03-15 19:31:03 UTC  

It's essentially a tax cut.

SA literally begged Russia to not do it so the market remains stable.

2020-03-15 19:31:41 UTC  

Yeah basically

2020-03-15 19:31:55 UTC  

There isn't an embargo, Russia just didn't agree to maintain production.

2020-03-15 19:32:09 UTC  

This isn't hurting the US though.

IT will in the long run.

I gotta go eat dinner.

I can talk in like an hour.

Btw you should read das kapital.

2020-03-15 19:34:37 UTC  

GG @ᴏᴠᴇʀꜱᴇᴇʀ ꜱᴛʀᴀꜱꜱᴇʀ, you just advanced to level 5!

Its basically a statistic and math book but i think you will be able to understand it lol.

Its pretty long tho.