Joker@sh.itjust.works to News@lemmy.worldEnglish · 6 days agoFederal Reserve cuts its key interest rate by a quarter-point amid postelection uncertaintyapnews.comexternal-linkmessage-square38fedilinkarrow-up1129arrow-down13
arrow-up1126arrow-down1external-linkFederal Reserve cuts its key interest rate by a quarter-point amid postelection uncertaintyapnews.comJoker@sh.itjust.works to News@lemmy.worldEnglish · 6 days agomessage-square38fedilink
minus-squareCorkyskog@sh.itjust.workslinkfedilinkarrow-up6·5 days agoPrices don’t go down in a healthy economy. Asking for deflation is just asking for a great depression.
minus-squareMaeve@kbin.earthlinkfedilinkarrow-up3arrow-down1·5 days agoThat’s because crapitalism values profit over people, the environment or even business practices that would keep businesses open. Americans have a really hateful view of “fiduciary duty.” It’s morally/ethically bankrupt.
Prices don’t go down in a healthy economy. Asking for deflation is just asking for a great depression.
That’s because crapitalism values profit over people, the environment or even business practices that would keep businesses open. Americans have a really hateful view of “fiduciary duty.” It’s morally/ethically bankrupt.