We used to be able to have world level disasters, wars lasting 5-20 years, the entire middle east in flames, GFC's, oil crises and total stockmarket collapses without the price of everyday items budging. A tube of toothpaste cost the same at the beginning of the GFC by the end of it.
Now we have pandemics, wars between two ex soviet dumps, middle eastern squabbles and they are used as an excuse to lift the prices of 25.000 line items in supermarkets and everything else, and the billioniares unilaterally double their money. And this is how you know its BS... the price never comes back down once the issue is over.
We are in a new era where any instability= complete flogging for the middle class and doubling net worth for the top guys. And thats literal, almost every billionaire has made bank since covid, ukraina/russia and its taking another steep climb now.
Once upon a time world disasters and GFC's and wars actually used to impact their wealth as well, put a bunch out of business even. Thes eguiys certainly closed that loophole. Any problems in the world now and its one way traffic, our money into their pockets. There are only two options- either these things are constructed scams or they are legitimate but the guys at the top are colluding to conflate markets during them.
So the funny thing is it doesnt matter if you are economist or conspiracy theorist anymore, we are all getting the same f***ing anyway. and none of our kids get to own a house. Sort of amusing that this class robbery unites us all at the cash register.
