President’s trade war likely to raise unemployment and slow economic growth ‘considerably’, says John Williams
  • Zyberlex@lemmygrad.mlEnglish
    5·
    12 days ago

    For fucks sake inflation is when BOTH prices and wages go up and the value of existing money goes down.

    When JUST prices go up it’s called a “crisis” or “failure of the system” or “gross incompetence” or take your pick