CEO pay in 2021 went up 18.2% in 2021 and inflation is through the roof. Rich people wealth has exploded and inflation is through the roof as a result. That whole talking point is a scare tactic but inflation is through the roof and normal wages are in the toilet.
Typical humans would save the money to live on through daily expenses.
CEOs spend on big projects with inflating costs, circularly inflating costs.
It’s simple arithmetic and a whole lot of propaganda the rich are the best. Really the masses are just poorly educated (<13% have advanced degrees).
Of course not, you don’t want to think in terms that do not align with your experience and propaganda addled brain.
The Fed was just saying they’re trying to get wages to stop going up; aka CEOs tossing more money at people, and trying to get people to save.
It’s gaslighting while ignoring the obvious trend; decades of CEO pay/growing wage inequality have lead normies into high inflation despite being told paying workers more would be the cause.
The powers that be are not dumb; they intentionally peddle narratives contrary to their intentions all the time; Roe v Wade for example. They’ll conveniently ignore the status quo of paying them more deflating our buying power because barely 90% of country is college educated and won’t question the hierarchy defined for them their entire lives, and the educated are outnumbered so they just play along.
I don’t know how it can be anymore clear; decades of doing what we were resulted in the situation we find ourselves; JIT logistics only the elite can thrive in.
CEO pay in 2021 went up 18.2% in 2021 and inflation is through the roof. Rich people wealth has exploded and inflation is through the roof as a result. That whole talking point is a scare tactic but inflation is through the roof and normal wages are in the toilet.
Typical humans would save the money to live on through daily expenses.
CEOs spend on big projects with inflating costs, circularly inflating costs.
It’s simple arithmetic and a whole lot of propaganda the rich are the best. Really the masses are just poorly educated (<13% have advanced degrees).