Supply chains, worker wages and the price of energy has been blamed for the current bout of high inflation. But central bankers around the world are starting to clue in to something consumers have been aware of for a while — corporations just aren’t afraid to raise their prices anymore.
It’s crazy how many people refer to this shit as “inflation” I could be wrong (wouldn’t be the first time lol) but I think Inflation generally refers to cost increases due to the economy sucking shit.
This isn’t that.
This is companies and landlords and service providers gouging us everywhere they can because the government is doing nothing to stop it, and the companies are laughing in their piles of money while they watch the average idiot call it “inflation” instead of “corporate greed” or succinctly, “greedflation”.
The complacency of people to just accept this and blame it on normal inflation is bonkers. Companies are reporting record profits - how could that be possible under true inflation‽‽
It’s time to fix our broken fucking tax brackets and start swinging at the money-filled pinatas already!
Here’s a fun anecdote. Apple, Warner Bros (HBO), and Google built an enormous new mega office complex in Culver City LA, that combined has like 6,000 employees or something. It’s absolutely massive and has destroyed the infrastructure of that area since basically none of the employees live in the area and they all drive in. It just opened last year.
All three raised the prices for their streaming services this year. But yeah, I’m sure it’s just inflation.
The TL;DR historically is that rises in wages led to more spending which increased demand and caused inflation. That’s an incredible oversimplification obviously, but that’s the meat and potatoes of it. People have more money to spend, companies can charge more, your individual dollars become worth less and less over time.
Nowadays with wages stagnating (even reducing in some situations) and immigration being so prevelant we have a situation of more people having less to spend but overall more money being injected into the economy having a similar inflationary impact.
Don’t misread what I wrote and think I am blaming immigration for the current situation, it is entirely the regulatory bodies who dropped the ball by encouraging immigration with no proper economic plan to handle the consequences.
Nowadays with wages stagnating (even reducing in some situations) and immigration being so prevelant we have a situation of more people having less to spend but overall more money being injected into the economy having a similar inflationary impact.
Which is why raising interest rates is not going to fix things. People don’t have a surplus of wealth so disincentivizing borrowing/spending isn’t going to work.
Bell showed up at my door with a two year plan that’s 1/3 of what I pay Shaw/Rogers now. Pretty much identical services but 35 instead of 98, plus another 10 off my wife’s cell phone for bundling.
It’s going to be a pain to move the dozens of WiFi devices over, maybe a day or so but for $1000… I’ll find the time.
The salesman told me old people on my block are turning it down because they don’t want change. One guy was paying 300/MTH for his bundle and would have saved 2/3 of that.
People need to be less lazy. That’s what will create market pressure. Hustle for your money.
So now would be a good time to consider switching to a more secure WiFi password, but I just wanted to let you know in case you’re not aware that the password on the ISP router can be changed.
If you set your new Bell router to the same SSID and password as the old Shaw one your devices will not need to be touched and will connect as if nothing happened.
Do you use an Android phone? If so you can get the PW out of the WiFi settings. Other OSs have that capability as well, check and see if that’s an option.
Go to Settings > Network & internet > Internet, select the saved network and press the gear icon, and then click on the Share button. This will display a QR code and the password in plain text.
On Samsung Galaxy devices, you cannot see the password in plain text. However, you can access the QR code, which can easily be read through the camera app or a QR code scanner app. Go to Settings > Connections > Wi-Fi, select the saved network and press the gear icon, and then click on the Share button. This will display a QR code.
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It’s crazy how many people refer to this shit as “inflation” I could be wrong (wouldn’t be the first time lol) but I think Inflation generally refers to cost increases due to the economy sucking shit.
This isn’t that.
This is companies and landlords and service providers gouging us everywhere they can because the government is doing nothing to stop it, and the companies are laughing in their piles of money while they watch the average idiot call it “inflation” instead of “corporate greed” or succinctly, “greedflation”.
The complacency of people to just accept this and blame it on normal inflation is bonkers. Companies are reporting record profits - how could that be possible under true inflation‽‽
It’s time to fix our broken fucking tax brackets and start swinging at the money-filled pinatas already!
Governments aren’t doing nothing, they are facilitating it all. Because at the end of the day, corporations own them.
Here’s a fun anecdote. Apple, Warner Bros (HBO), and Google built an enormous new mega office complex in Culver City LA, that combined has like 6,000 employees or something. It’s absolutely massive and has destroyed the infrastructure of that area since basically none of the employees live in the area and they all drive in. It just opened last year.
All three raised the prices for their streaming services this year. But yeah, I’m sure it’s just inflation.
The TL;DR historically is that rises in wages led to more spending which increased demand and caused inflation. That’s an incredible oversimplification obviously, but that’s the meat and potatoes of it. People have more money to spend, companies can charge more, your individual dollars become worth less and less over time.
Nowadays with wages stagnating (even reducing in some situations) and immigration being so prevelant we have a situation of more people having less to spend but overall more money being injected into the economy having a similar inflationary impact.
Don’t misread what I wrote and think I am blaming immigration for the current situation, it is entirely the regulatory bodies who dropped the ball by encouraging immigration with no proper economic plan to handle the consequences.
Which is why raising interest rates is not going to fix things. People don’t have a surplus of wealth so disincentivizing borrowing/spending isn’t going to work.
Bell showed up at my door with a two year plan that’s 1/3 of what I pay Shaw/Rogers now. Pretty much identical services but 35 instead of 98, plus another 10 off my wife’s cell phone for bundling.
It’s going to be a pain to move the dozens of WiFi devices over, maybe a day or so but for $1000… I’ll find the time.
The salesman told me old people on my block are turning it down because they don’t want change. One guy was paying 300/MTH for his bundle and would have saved 2/3 of that.
People need to be less lazy. That’s what will create market pressure. Hustle for your money.
Fuck Bell, ill go without an internet connection before I pay them.
And Rogers is a better option for you? Cuz around here, Bell is much better service.
Im on Techsavvy, the last independent ISP in Ontario until they get pushed out of the market.
Whose lines are they renting?
Everyone’s, in my area they are on Cogeco’s fiber (changes to coax at your house). They also use Bell’s copper lines and Rogers coax network.
So now would be a good time to consider switching to a more secure WiFi password, but I just wanted to let you know in case you’re not aware that the password on the ISP router can be changed.
If you set your new Bell router to the same SSID and password as the old Shaw one your devices will not need to be touched and will connect as if nothing happened.
So one of my issues is I changed the PW and can’t remember what I changed it to LoL. Every damned PW id ever consider isn’t working.
Not a smrt move by yours truly.
Do you use an Android phone? If so you can get the PW out of the WiFi settings. Other OSs have that capability as well, check and see if that’s an option.
I do have an android…any help linking me to how to do this? Not so experienced on this side of things.
Thanks!
Go to Settings > Network & internet > Internet, select the saved network and press the gear icon, and then click on the Share button. This will display a QR code and the password in plain text.
On Samsung Galaxy devices, you cannot see the password in plain text. However, you can access the QR code, which can easily be read through the camera app or a QR code scanner app. Go to Settings > Connections > Wi-Fi, select the saved network and press the gear icon, and then click on the Share button. This will display a QR code.
The number of times I’ve scanned QR codes screenshotted from the same device. So annoying. So “secure”.