/biz/ - Business & Finance

>>49873033
(((Larry Summers)))

>>49873033
1 year thanks, will give me enough time to accumulate

>>49873052
Its really tiresome isn't it.

>>49873033
What about 3 months at 40%?
People can survive 3 months with bread and water, after that everything will be fixed and we return to normal

>>49873033
Wasnt layoffs the reason the fed printed more money in the first place?

>>49873033
Peoples' lives are a numbers game to these "people"

>>49873151
best option. 2 weeks at 100% is even better

>>49873033
Plebs go unemployed and the rich get richer.

Working as intended.

>t. not a communist but this is fucked up

>>49873201
this. ACCELERATE.

>>49873201
pfft
1 hour bath in the apocalypse should do it

>>49873180
It's all a numbers game, either way someone is going to get fucked. The only problem with OPs image, is that real unemployment right now is actually higher than 10%, so when he says we need 10%, we actually need much higher

>>49873033
Everyone having a job is worse than a few people having less

>>49873052
this but un-antisemtically

One week at 80% should be better

>everyone learns to code
>unemployment 0%
checkmate larry

>>49873052
What a relief
We're already at 25%

>>49873201
It worked pretty well in March 2020, I'd say it's a battle-tested strategy at this point. Nothing could possibly go wrong.

>>49873033
It will actually be 10 years at around 7%. These fucking retards are always overly conservative with their estimates. Remember, inflation was supposed to be transitory according to our greatest economic minds.

>>49873201
How about forever at 0% unemployment?

>>49873033
And how exactly would that fix inflation? Literally just get companies to stop being so fucking greedy

>Pump corpo bags by printing money
>Fight the consequences by suppressing wages and pushing people into unemployment
And then one day, for no reason at all...

>>49873033
Maybe he is wrong.

We've been at 10% since 2008.

>>49874993
He runs those companies.

>>49874993
less people working = less people making money = less people buying shit

>>49873284
Just do it while everyone is sleeping. 3AM should be perfect.

so is the idea to raise inflation until corporations collapse and then have to lay everyone off?

>>49873033
>a year at 50% labor force participation rate
Literal end of days shit

>>49873033
Wasn't this the same guy that oversaw a lot of the pillaging that occurred in Russia after the Soviet Union fell?

>>49873201
This would be a great way to solve some other problems in our fiscal system.

>>49873201
so two more weeks...?

>>49873151
No. People have to suffer for the Jewish semitah to be over. If people live off their savings and don't suffer it won't end.

>>49873033
>you bring poor, owning nothing will fix my problems, goy

>>49876525
being*

t. phonefag

Poor people aren't driving inflation

>>49873164
Kek. Shush you. No sensible comments allowed.

>>49876587
the issue is that when employment is so low, everyone has some spending money (even poor people) meaning demand is higher and thus inflation remains high

I thought we were getting Universal Basic Income......

>>49873033
why do these cunts always want the working class to suffer for their failures? how about we raid your bank accounts

How come they always have a problem with salaries rising, but they don't have an issue with the cost of housing rising?

>>49876867
The issue is that the money gets printed for use at the top and then they try to control the inflation by taking away from the bottom. Boomers and bankers get their bags pumped, and then they try to keep them from crashing back down by making everyone else eat the loss. It's bottom-up redistribution.

>>49873052
Fpbp

>>49875180
People buying shit doesn't cause inflation. The Fed printing money and giving it to government and corporations does.

>>49873052
qui?

>>49873201
>best option. 2 weeks at 100% is even better
based.
did you guys fix supply chain issues account for bullwhip while everyone stopped working for 2 weeks?
no?
but you will in a year if only 90% of the workforce is employed, right?
oh, no, that won't actually work either.

>>49877081
Because that is violence and only the state is allowed to do violence.

>>49873220
this is the capitalism you defend online

Larry Summers, the Kike who cost Harvard 25% of its cash reserves, $1.8 billion, through his obstinate retardation?

>>49873033
>Poor people caused this

>>49873033
The current inflation is due to the Ukraine war and gas prices. It lifts all expenses.
Gas has a rather consistent demand curve. There's no changing things besides a depression.