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Joined 2 years ago
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Cake day: July 1st, 2023

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  • Not quite, stagflation requires both high inflation and unemployment which we did see concurrently during COVID.

    But it also needs low or negative economic growth which again we did see during COVID but growth and employment have been up so we haven’t had a long period of stagflation.

    The final key thing that I don’t think is technically required is that the fed can’t lower rates to drive growth because inflation is too high hence the economy gets stuck. It feels like this could be where we are heading but haven’t quite been in a prolonged enough period to qualify for yet.



  • These arguments are exactly why people hate vegans. It’s nonsense.

    Not only do you jump to an insane straw man. You showcase that you ignore a clear increasing contradiction around your world view and choose reactionary nothing.

    If you care about life realize the harder question. If you care about the environment realize clear inefficiencues. Currently, you showcase nothing more than crude thoughtlessness.