• Ashyr@sh.itjust.works
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    1 year ago

    “Even if you’re working and your wages are up, your rent costs more, your groceries cost more, your gas costs more, everything costs more,” said Tedd Rossman, senior industry analyst at Bankrate.com. “So people don’t feel like they’re getting ahead."

    Inflation is how it happened. People can’t afford to live and there will be a reckoning when the bubble bursts. The rich steal at their own peril, capitalism must consume itself.

    Also, Tedd, people don’t feel like they can’t get ahead because they can’t. That’s not a feeling, that’s a fact.