US President says 'I love the inflation'

(cnbc.com)

57 points | by root-parent 11 hours ago ago

14 comments

  • pohl 11 hours ago

    My salary adjustment didn’t doesn’t keep up with inflation, but his ability to monetize his position in public office far outstrips it. Why would he care? He can point a firehose of public money straight into his own pocket with no consequences.

    https://m.youtube.com/watch?v=n7gphyYNsdM

    • tmikaeld 4 hours ago

      USA is lawless and corruption is rampant, yet no one can stop it because individual consequences are too high.

  • HeavyStorm 10 hours ago

    It's much terrible to live in a country in which your neighbors ejected a complete idiot for president. I know how it feels. Then again, my idiot never got us into a war or said he loved inflation. Nor was he best friends with a pedophile and human trafficker.

    • ASalazarMX 10 hours ago

      > ejected a complete idiot

      Don't give us hope.

  • Hikikomori 11 hours ago

    How I learned to stop worrying and love inflation.

  • 9 hours ago
    [deleted]
  • charlieflowers 11 hours ago

    But shhhhh! Iran might read this!

  • bezier-curve 11 hours ago

    Not sure why this narcissist gaslighter is in the HN feed. Not very thought-provoking content.

    • acdha 10 hours ago

      I miss being able to talk about business more, too, but a lot of people who grew up in the Obama-era tech boom seemed to have a blind spot about how much this macro stuff affects everything we do.

      The big money is both piling into a small number of tech companies _and_ demanding layoffs to a degree we didn’t see in past recessions, but unlike in the Bush recession we aren’t going to see consumer demand floating startups, government hiring is dead, non-tech companies are cutting back, and unlike with the web the AI push isn’t going to work the same at the big non-tech organizations as it did two decades ago when there were tons of jobs helping them move online: if AI does have a solid benefit for those companies, it comes in the form of a license more than jobs. You can see that in two ways: all of the people talking about how hard it is to find work, and the flood of App Store submissions but not revenue as a bunch of laid-off tech workers try to find anything which won’t be lost in the noise.

    • master_crab 11 hours ago

      But it’s relevant whether we like it or not. This will affect the price of goods, salaries of workers, everything.

      • 8 hours ago
        [deleted]
  • themafia 11 hours ago

    [dead]

  • LightBug1 11 hours ago

    [flagged]