As it turns out, the Federal Reserve chairman happens to be on record as wanting...

		bdw5204 on July 25, 2024 \| parent \| context \| favorite \| on: Every company should be owned by its employees As it turns out, the Federal Reserve chairman happens to be on record as wanting to suppress wages because he blames high wages for inflation[0]. In other words, the current dumpster fire of an economy was the intended goal of the Federal Reserve's interest rate increases. [0]: https://www.politico.com/news/2022/11/30/feds-powell-inflati...