2008

For about ten years (in fact after 2008 and the bankruptcy of international banks), global political crises have been resolved thanks to payments of hundreds of billions of euros and dollars by states... Result: endemic global inflation of raw materials!



Poetry by alarian The PoetBay support member heart!
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Written on 2024-11-08 at 08:56

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alarian The PoetBay support member heart!
the price of goods always grows faster than the wages
it makes people sustain the pace
2024-11-09


Lawrence Beck The PoetBay support member heart!
That can be true unless profits are allowed to fall proportionately, but, in this case, inflation was the result of an overabundance of money.
2024-11-08


alarian The PoetBay support member heart!
and if wages increase, employers have to pay more their employees, this is also reflected in the rising price of products
2024-11-08


Lawrence Beck The PoetBay support member heart!
You nailed it! Money is a measure of value. When they created so much more of it, each monetary unit became less valuable, and prices had to rise.
2024-11-08