According to CNN, “The Consumer Price Index measured 3.1% annually in November, and the Personal Consumption Expenditures price index not only came in even lower at 2.6%, but also declined monthly for the first time since April 2020. But there’s still a long way to go before inflation is where the Fed wants it. The earlier price increases became pervasive and ‘sticky,’ meaning that once prices go up, they don’t easily go down. That’s making it that much more difficult to bring consumer costs back to their levels before recent jumps.”
A long time ago, in a galaxy far, far away, my S.O. called me at work asking about some government inflation measure that had just been reported or something like that — as I said, a long time ago. Having graduated with my degrees in economics and finance a couple of years earlier, I was more than happy to elucidate using my fancy learning and show off my economic prowess. While it was too long ago to remember my exact explanation, I do remember that price “stickiness” was the core of my thesis because it is an economic concept with which the typical layman would not be familiar. Fast forward to now, and lo and behold, the concept of sticky prices appears in an article. How appropriate! Yet, how sad, for these are the nitty-gritty concepts of economics that are entirely lost on the average American f***tard, who thinks everything always returns to “normal.” That is jejune thinking. Once prices increase — as they always do — they tend to stay at the higher price. Why aren’t burgers 15 cents at McDonald’s anymore? Why are cars no longer a few hundred or a couple thousand dollars? Why is everything more expensive than it was a couple of decades, a hundred years, a century ago? Because prices always tend upward and rarely retreat (deflation). And I promise you, deflation is a more dire economic phenomenon compared to inflation.
Nonetheless, prices always increase — 99 percent of the time. Do you know what also always increases? Wages! No one ever mentions that. The average American moron never seems to crow about that. I have first-hand knowledge of wage inflation, aside from the wage index (E.C.I.). First, my company, which is just your average mid-sized corporation, issued a standard wage increase for existing employees of 7 percent, which is a higher percentage increase compared to the previous year. And second, we raised our starting base salary by 10 percent. These increases either outpaced (by a lot) or were on par with our area’s growth rate in the C.P.I. Why did we do this? So we could remain competitive with other employers. Funny how inflation in consumer prices forces increases in wages. (Actually, it’s not funny or fascinating at all; it’s called economic theory informing reality.) Anyone who took an introductory economics course would understand these concepts. Oh, wait, that’s right! Americans are f***ing G.D. morons of the highest f***ing order, so they know nothing, let alone apprehend economics. Of course, every American moron thinks they are economists because they can read gas and egg prices. But they always focus on one part of the economic equilibrium equation: Price increases. They suddenly suffer from amnesia when it comes to their own wage increases. As usual, people can’t see the forest for the trees. And, as usual, people just love to blame Democrats for everything that’s wrong with their lives, as if people are not their own masters! Welcome to America — stuck on stupid!