Inflation has created a dark cloud over how everyday Americans view the economy

Lee Duna@lemmy.nz to News@lemmy.world – 171 points –
Inflation has created a dark cloud over how everyday Americans view the economy
cnbc.com
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It turns out when you measure "the economy" with old metrics that only really impact rich people there is a disconnect between "the economy" and how everyone experiences the actual economy.

Replace 'The Economy' with 'Rich People's Yacht Money' and everything starts to make more sense.

Replace 'nation' with 'fiefdom' and everything starts to make a lot more sense.

The word is "serfdom", and these days we have less free time than those peasants back when. Something about idle hands leading to successful uprisings, I guess. Go figure.

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