▲ 342 ▼ 'Soft landing' means top 1% gets record stock prices while you get stuck with inflation, analyst says (creditnews.com) submitted 2 years ago by RealWarrenBuffett@lemm.ee to c/news@lemmy.world 30 comments fedilink hide all child comments
[–] Jaysyn@kbin.social 16 points 2 years ago (1 child) Medieval serfs definitely had more free time. permalink fedilink source parent hideshow 2 child comments replies: [–] pyromaster55@lemmy.world 22 points 2 years ago (1 child) I am still trying to figure out how I am currently working more than I ever have with less free time than ever, and yet also manage to somehow have less disposable income than ever as well... permalink fedilink source parent hideshow 2 child comments replies: [–] agitatedpotato@lemmy.world 14 points 2 years ago* (last edited 2 years ago) Record profits dont make themselves, and the ceos arent making anything, selling anything, or providing any services themselves. They simply sit back and direct all the value created by you and others who did make the product, sell the product, or provide services. It's honestly that simple. The ratio of how much money you get to keep compared to the total monetary value your labor produces has never been lower. Or to put it in economic speak, 'stock prices have never been higher'. permalink fedilink source parent
[–] pyromaster55@lemmy.world 22 points 2 years ago (1 child) I am still trying to figure out how I am currently working more than I ever have with less free time than ever, and yet also manage to somehow have less disposable income than ever as well... permalink fedilink source parent hideshow 2 child comments replies: [–] agitatedpotato@lemmy.world 14 points 2 years ago* (last edited 2 years ago) Record profits dont make themselves, and the ceos arent making anything, selling anything, or providing any services themselves. They simply sit back and direct all the value created by you and others who did make the product, sell the product, or provide services. It's honestly that simple. The ratio of how much money you get to keep compared to the total monetary value your labor produces has never been lower. Or to put it in economic speak, 'stock prices have never been higher'. permalink fedilink source parent
[–] agitatedpotato@lemmy.world 14 points 2 years ago* (last edited 2 years ago) Record profits dont make themselves, and the ceos arent making anything, selling anything, or providing any services themselves. They simply sit back and direct all the value created by you and others who did make the product, sell the product, or provide services. It's honestly that simple. The ratio of how much money you get to keep compared to the total monetary value your labor produces has never been lower. Or to put it in economic speak, 'stock prices have never been higher'. permalink fedilink source parent