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Brown Cafe UPS Forum
UPS Union Issues
Wages and inflation
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<blockquote data-quote="Up In Smoke" data-source="post: 5245631" data-attributes="member: 79702"><p>The government artificially funds our economy for 14 plus years with QE, near 0% interest rates, tax cuts, stimulus payments, subsidies and dozens of other spending projects and we are shocked when inflation hits as these government programs are slowly drawn down? The Fed made capital more available to businesses, individuals and state/local governments, so few payed down debt, only refinanced it to the future. The future is today. This is going to be bumpy and difficult for all. We have been living in a 40% off world for quite some time and now it's time to pay full price. IMO</p></blockquote><p></p>
[QUOTE="Up In Smoke, post: 5245631, member: 79702"] The government artificially funds our economy for 14 plus years with QE, near 0% interest rates, tax cuts, stimulus payments, subsidies and dozens of other spending projects and we are shocked when inflation hits as these government programs are slowly drawn down? The Fed made capital more available to businesses, individuals and state/local governments, so few payed down debt, only refinanced it to the future. The future is today. This is going to be bumpy and difficult for all. We have been living in a 40% off world for quite some time and now it's time to pay full price. IMO [/QUOTE]
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