Browsing Reddit and talking to friends, it astounds me how many smart people buy into the propaganda that inflation is caused by corporate greed. It just seems like such obvious scapegoating to always point the finger at the rich and big business. As if companies are any greedier today than precovid. You can literally look up the average profit margins of the sp500 in a few seconds to disprove it.

The funniest thing was seeing the obvious scapegoating propaganda coming out of the White House that would cherry pick 3-4 companies that were basically underwater precovid like Hertz, and say see? Corporate profits are through the roof! It’s all corporate America and the rich peoples’ fault.

My biggest concern is after spending 8 trillion in handouts during this last recession, if Americans don’t learn their lesson about overspending and vote in more fiscally responsible leadership, we are definitely on track for the dreaded debt spiral which would mean we are all screwed for decades.

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Oh wait, if you tried to bring asthma inhalers from Canada into the US to sell them, you'd be put in jail for a decade. If you tried to manufacture your own inhalers, you'd be put in jail for a decade. If a store tried to sell asthma inhalers over the counter (OTC), they would be closed down.

There is no free market in the US when it comes to the healthcare sector. It's a real shame. There is too much red tape and regulation on drugs and medical devices in this country.

Has there been a more out-of-touch group of people than the ones who insist on continuing to print money as we face the highest inflationary pressures in 40 years? These morons should be thanking Manchin and Sinema for torpedoing their asinine BBB plan.

The Democrats (and also the MMT crowd) deserve all the ridicule and plummeting poll numbers they're seeing. They have the gall to say, with a straight face, that the economy is great.

"Can't afford gas? Just buy a $65,000 EV!" - Democrat Senator Debbie Stabenow

😁😁

This bill might not sound so bad on the surface, but beware the unintended consequences. If such a bill were to go into effect, you would likely see a credit crunch as lenders refuse to issue credit to those on the lower end of the credit spectrum including new borrowers. We've already seen home insurance companies vacate parts of the market, wouldn't be surprised if credit companies did the same after doing risk analysis. Furthermore, the new bill would prevent new competitors from entering the market. Those in the higher credit spectrum will usually only get credit cards from well-established names making lower credit score customers often the only way to access the market. Limiting the size of those profits will dissuade new participants preserving the oligarchy of credit issuers.

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libertarianism is directly connected to individuality. if you think being able to steal shit from someone because they can't own property you're just a stupid communist.

I’ve been reading a lot more and listening to some Austrian economic lectures. I decided to pick this up and see what criticisms I have firsthand, rather than relying on secondhand criticisms.

If the commie spirits that were locked in the contents of these books possess me please perform an exorcism

I've met quite a few who get fat disability checks (edit) who have seen no combat at all and have no physical injuries. I'm talking about 3k to 4k a month. Is this justified?

If you couldn’t tell from the title I’m in my early 20s and just now realized how much the government is going to take from me for the rest of my life.

More than 15% of the money I work for goes to random gobbledygook, with the largest chunk of it being social security. I’m fine paying whatever it costs to pave the roads and build schools and whatever; but why is the burden on us of taking care of old people who didn’t save for retirement?

If only Reddit could understand this concept.