US price and wage increases slow further in the latest signs of cooling inflation - eviltoast

Signs that inflation pressures in the United States are steadily easing emerged Friday in reports that consumer prices rose in June at their slowest pace in more than two years and that wage growth cooled last quarter.

    • WoahWoah@lemmy.world
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      1 year ago

      No, it’s making the rich richer and the poor not desperately angry. Nothing makes rich assholes more concerned than all the people kept at just above desperation starting to get actually desperate and angry.

      The key to a highly unequal distribution of wealth, resources, and power is making sure that those with the least–from whom you’re extracting the wealth, resources, and power–find it more difficult and inconvenient to change the system than just accept their mediocre lives.

      So far, so good.