r/economy

Between Trump's foreign policy disasters and insane military spending financed by debt, the Fed's deranged money printing, & the uniparty's fiscal profligacy, the $USD's long good run as the world's reserve currency are drawing to a close. The resultant hyperinflation will further pauperize the middle and working classes in the oligarchy that is the former USA.

futurism.com: For years, the EPA has baked a figure called the “value of a statistical life” (VSL) into its cost-benefit calculations on things like factory pollution. Think of it as the number that answers the question: how much is keeping someone alive worth, in dollars, weighed against the cost of making a corporation clean up after itself?

As Fortune notes, the previous answer hovered at about $11.7 million per person. The Trump administration’s answer is zero.

My Opinion: According to the president, American lives are worthless. I am worried about the negative impact this will have on pollution and health. If the president claims that human lives are worthless, then I believe that the president's life has negative value. America and the world would be better off without him. But he is perhaps the best protected man in the world, as such he will live to see the consequences of his policies on the people. And while he is safe, his reputation isn't.

In the current US-Israel-Iran conflict, what would a realistic ‘golden bridge’ look like that allows all sides to step back without appearing to lose?

I have a really simple question that I feel like I should already understand, but I honestly don’t get inflation at all.

I know people say it means prices go up, but I don’t really understand why they go up or what actually causes it. Is it just because governments print more money, or are there other reasons like companies raising prices, shortages, or wages changing too? Also, why does it seem like once prices go up, they almost never come back down?

I’d really appreciate a simple explanation like you’d give to someone with zero economics background.