
06-13-2024, 06:23 AM
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Soaring Eagle member
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Quote:
Originally Posted by CoachKandSportsguy
What makes inflation hard to handle is that it's an everyday phenomena, whereas your annual salary / hourly rate / social security payment increase is only once a year, to catchup to the past. So unless you are in a place to raise your own income faster, then your income is always behind the cost increase curve. . . .
So what's good for investments in corporations (rising prices, increased profits) is not good for consumers, and what's good for consumers (cheap prices, very slowly increasing) , is not good for corporations. . pick your poison. . . and for this reason, some of your assets should be invested in corporations. . .
If corps want to grow profits and price inflation is zero( zero revenue growth) , then the only way they can get their bonuses is to reduce costs. To reduce costs, they can squeeze their material supply chain, or lay off people and replace them with automation .
This is where automation will kill the consumer economy by replacing consumers with automation. . and the only offset is to increase taxes on corporations and reduce taxes / increase support to consumers. . .
be careful what you wish for. .
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Taxes on corporations are a bad thing. Guess who pays that bill? The consumer
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