We need low interest rates and skyrocketing asset prices so that people pay 2% more to buy this next year. Consumption must go up so that people have worthless jobs producing trash that our politicians call economic growth, as people applaud their stocks rising.

Many countries started mass immigration after the global inflation caused by global QE and money supply growth, in order to prevent wage inflation. They did this mass immigration just as central banks were raising rates to cool the economy.

This is likely what you are feeling, there was a small time when there was a labor shortage and all the talk of ‘quiet quitting’ before they started this scheme, as depicted by the phillips curve, now its too many workers fighting for too few jobs as high interest rates slowed things down.

https://en.wikipedia.org/wiki/Phillips_curve

Weird what happens when 40% of the currency was printed in the last few years.

Are we blaming the government who control interest rates, gamify the CPI to depress inflation, and who control the corresponding new money supply that drives up the price of basic goods?

If housing, gold, and crypto are any indication people have far too much money than they know what to do with. You’d have to be a fool to not accumulate some cantillon effect for yourself when you’re government is throwing money away.

If you read the project 2025 document you’ll see a section on the federal reserve, we seem to already be on the way there with Trump surprisingly. Which the document suggests capital punishment and a border wall, its not a document by the Fraser institute its a document crafted by Trump, you’re an fool if you cant see that.

https://static.project2025.org/2025_MandateForLeadership_FULL.pdf

Without inflation, when you require raising taxes to actually pay for things, you’ll see how much people are willing to spend for their DEI institutes and doing plays in other countries.