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Cake day: June 9th, 2023

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  • FluffyPotato@lemm.eetoLemmy Shitpost@lemmy.worldInflation?
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    16 days ago

    So what makes the stuff stores buy more expensive? Like you can create a chain of price raising as far as you want but ultimately it’s just someone deciding to raise prices and that creating inflation.

    Again, only a handful of countries own US debt and I don’t even know how US debt interest rates are going to connect to inflation in other countries. Like China and Japan are the largest debt holders and their inflation is vastly different.


  • There are a handful of currencies backed by USD but most are not. I only know of Belize dollar, the Hong Kong dollar and the Dirham as backed by USD, as far as I know those are the only ones.

    Do you think stores look at the inflation and raise their prices accordingly or do they raise their prices and inflation is calculated based on that? One of those is correct.


  • FluffyPotato@lemm.eetoLemmy Shitpost@lemmy.worldInflation?
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    17 days ago

    I don’t think the federal reserve is active outside the US. Also printing money was the cause of inflation when gold was backing the money, now the worth of money is only governed by what you can buy with it. Like you can double the amount in circulation but if no one raises prices there would be no inflation.





  • Quality is actually not bad. Like yea, they usually don’t have modern wiring but since the construction materials used are insanely durable and thick renovating those buildings with new windows, heating, pipes and wires gets you like the best possible apartment. You will never hear your neighbours, winters are warm with minimal heating and that building will last for like centuries with minimal maintenance.

    Source: Lived in one and renovated it too.


  • No chance, I usually don’t care about American politics but I’m not gonna miss the chance to watch 2 geriatric fucks attempt to debate one another.

    It was so much worse than I envisioned it to be though. Like one guy seemed to make up literally everything with insane claims that were delivered with confidence only rivaled by how stupid they were and the other sounded like his brain turned to soup if he spoke for more than 5 seconds and when not speaking he looked like a frog seeing a very tasty fly on the wall.

    I really hope Europe can get our collective shit together and supply Ukraine once the US shits the bed there.