President Biden has begun to accuse stores of overcharging shoppers, as food costs remain a burden for consumers and a political problem for the president.
Jobs are starting to dry up in some industries because interest rates are so high that larger companies can no longer borrow cheaply to take a chance on side projects. The rates are high to combat this “inflation”, and of course it won’t work, because we aren’t seeing real inflation. We’re just seeing companies charging more because every industry is now an oligarchy. It’s a bit of a death spiral.
Jobs are starting to dry up in some industries because interest rates are so high that larger companies can no longer borrow cheaply to take a chance on side projects. The rates are high to combat this “inflation”, and of course it won’t work, because we aren’t seeing real inflation. We’re just seeing companies charging more because every industry is now an oligarchy. It’s a bit of a death spiral.