Root Cause |
Climate change is destroying the food chain by drought, fires and floods
in a world where there are 350,000 new mouths to feed each day. The higher
price of food for all people require them to inflate their prices which are
passed up the economic chain. Politicians can do nothing to stop inflation
without changing people's values from malignant materialists to menimalistic
mentalists ... and reducing the workweek.
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Inflation |
Is a cheapening of your time. When inflation cheapens the buying power
of your paycheck, it is really cheapening the value of your worktime.
Traditionally defined as more money chasing the same goods and services it
also occurs when the same money chases fewer goods and services.
Dukkha inflation is the self-inflicted cheapening of one's life from unneeded wants and cravings. Two people with the same paycheck will vary in happiness, suffering and emotional pain based on living within or beyond one's means. Dukkha inflation is the economic restatement of the Buddha's Noble Truth. |
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Inflated word |
Among the many reasons that inflation is a re-occuring problem is its paradoxical nature. One has more wages but less buying power. An irony totally missed by those withholding their worktime for higher wages is that is lessens rather than increase buying power. The funny numbers on funny paper merely distract wage-earners from how inflation cheapens their time. The way for a person or nation to stop inflation is to increase one's knowledge to solve time-wasting problems by more education of more DIY. | |
Food Prices |
Neither Democrats Nor Republicans but Mother Nature is main cause of inflation. From our CO2 sinning against her, she is destroying the food chains with the droughts and floods There is more demand for less and less food: 350,000 daily births world-wide. If you want to blame someone for food inflation, blame the pro-litter, anti-abortion, asexual crowd, especially the papal US Supreme Court of which 6 of 9 are Catholic. Blame the NGOs. Blame the Nobel Prize committee. Blane the U.N. | |
Monflation vs. |
Inflation can occur from more money or shortages: Monflation vs. Sinflation. Republicans have a long history of constantly contriving shortages to increase their profits, e.g., oil companies, Enron, food reserves, etc. If you like inflation, vote for Republicans and their media lapdogs. On the slightest piece of bad news, they raise oil prices even though their costs have not increased. This is private taxation, a privilege that habitual politicians legalize for re-election campaign donations. | |
Immigration |
Key Bridge victims: Bulging jowls with fat wives needing interpreters to translate Spanish into English. Skinny border-crossers become high BMI pro-litterers. Visit Walmarts on Sundays. | |
| The Federal Reserve should directly alter the workweek length for everyone rather than cause 100% inflation for those unemployed by higher interest rates. | ||
When Dollar Deflation is |
Understanding sinflation, one realizes that the 1930s deflation was as a cheapening of human time as buying power fell faster than prices. If prices fall 50% but your wages fall 100% then you are a victim of inflationary suffering. In this matter, economists are intellectual pimps and streetwalkers selling their services to the higher bidder rather than the highest morality. Timists are moralists for more time. | |
| When widgets are produced in half the time, the production cost deflates. The moral question is how is this time savings used. Is the time savings translated into lower costs, i.e., productive deflation? Or, as John D. Rockefeller did with his increased wealth from booming oil demand, generate monopolies so as to raise end-user prices? This monopolistic practice continues as corporations inflate the optics of an event so as to increase end-user prices, e.g., gasoline pump prices when oil production costs have not risen. Because campaign donations, politicians increase oil company revenues by lowering government taxes on gasoline. During Covid, when people were driving less and with no change in production costs, price hikes generated $66 billion excess revenues. Corporate greed is a major source of inflation. |