Poverty is a crucial foundation for violently forcing people to serve capital. And the state is constantly printing money to punish the poor and further enrich the extremely privileged.
So food prices have never and will never go down. It’s a feature, not a bug.
In most cases printing money by the state (as opposed to quantitative easing by central banks) benefits the poor more than the rich. Austerity is what hits the poor the most, as well proven in the last two decades in Europe.
Inflation itself is a bit of a mixed bag, but it is basically a tax on having money, so it is also not really effecting the poor in the medium term at least. The best defense the poor have against the short term negative effects of inflation are unions that make sure their wages are always inflation adjusted.
Poverty is a crucial foundation for violently forcing people to serve capital. And the state is constantly printing money to punish the poor and further enrich the extremely privileged.
So food prices have never and will never go down. It’s a feature, not a bug.
In most cases printing money by the state (as opposed to quantitative easing by central banks) benefits the poor more than the rich. Austerity is what hits the poor the most, as well proven in the last two decades in Europe.
Inflation itself is a bit of a mixed bag, but it is basically a tax on having money, so it is also not really effecting the poor in the medium term at least. The best defense the poor have against the short term negative effects of inflation are unions that make sure their wages are always inflation adjusted.